Binance-Peg $SOL
$84.76
-$3.05 (-3.47%) Today
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Current SOL price (approx): ~ $84.7 (this fluctuates rapidly) — recently down from higher levels and testing key supports.
📉 Short-Term Technical Bias: Bearish to Neutral
Bearish signals dominating:
SOL recently broke below major support levels such as $100 and the ~$120 structural zone — this is technically bearish and suggests continuation of downward pressure. �
CCN.com +1
Momentum indicators still weak; sellers have controlled price action recently. �
IG
Some forecasts highlight potential downside continuation if key supports fail, with possible lower targets before stabilizing. �
MEXC
Immediate support levels to watch:
$95 – immediate near-term support “make-or-break” level. �
CCN.com
Lower supports around ~$75-$70 could be tested if momentum worsens. �
Coinpedia Fintech News
📈 Short-Term Relief and Bounces Possible
There are short-term bounce signals:
Some analyses note intraday recoveries and oversold conditions that can produce relief rallies (e.g., bullish intraday spike or bounce from oversold RSI). �
BeInCrypto +1
Technical oversold readings often precede short rebounds, but these are not confirmed trend reversals. �
MEXC
Key resistance if rebounds occur:
$95-$100 area — psychological and technical resistance zone. �
IG
$110-$120 — zone to break for recovery toward neutral/positive setups. �
MEXC
🔁 Market Sentiment & Context
Broader market weakness (e.g., Bitcoin/Ethereum pullbacks) has pressured altcoins including SOL. �
The Coin Republic
Some analysts highlight a short-term consolidation period before clearer directional movement. �
Coinpedia Fintech News
Longer-term forecasts vary widely (some very bullish, some projecting deeper corrections), but short-term remains more bearish due to structure breakdown. �
Blockchain News
📊 Summary (Short Term)
Bearish bias