$SOL

Cryptonews

Meyka

MEXC

CoinDCX

BeInCrypto

📉 Current Price & Trend

Solana has been in a bearish phase recently, trading lower after breaking some key support levels and rejecting recovery attempts near the $95–$100 zone. Price remains below major moving averages, showing ongoing selling pressure.

At the moment, SOL is around typical mid-range levels (e.g., ~$80–$100 on some exchanges).

📊 Technical Signals

Bearish momentum: Chart patterns and moving averages point to continued downside risk if support fails, with analysts citing potential targets lower than current levels.

Oversold bounce possible: Some technical indicators (like RSI oversold conditions) suggest short-term bounce potential, but resistance above ~ $95–$120 could limit recovery. (MEXC)

Support and resistance: Support around lower levels could act as a base, while breaking above key resistance zones is needed for trend reversal. (Analytics Insight)

📌 Near-Term Outlook

Bearish Scenario:

Continued selling pressure may push price toward lower support bands if broader crypto markets remain weak. (Meyka)

Bullish / Bounce Scenario:

If SOL stabilizes and reclaiming moving averages, a bounce toward resistance (e.g., ~$120+) could happen. (Cryptonews)

📍 Summary

Trend: Bearish to neutral short-term

Key resistance: ~$95–$120 area

Key support: Lower bands where RSI/crowded selling may slow losses

This is informational and reflects recent signals — not financial advice. Crypto prices change fast.

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