$SOL /USDT – Market Update 📉
$SOL remains under selling pressure after facing a firm rejection near the 88.6 level. Price is currently hovering around 83.3, and buyer momentum continues to look weak.
🔍 Technical Outlook:
• Overall structure is bearish
• Clear sequence of lower highs and lower lows
• Recent bounce from 81.9 was shallow, showing limited demand
📌 Key Zones to Watch:
• Resistance: 84.5 – 86.0
• Major Resistance: 88.6
• Support: 82.0 – 81.9
📉 Downside Risk:
A breakdown below 82.0 could open the door for a move toward the 81.0 – 80.5 area.
📈 Recovery Scenario (Conditional):
Only a decisive breakout and sustained hold above 86.0 would signal a potential shift toward 88+.
🎯 Short-Term Trade Setup:
• Sell below: 84.5
• Targets: 82.0 → 81.0
• Stop Loss: 86.5
⚠️ The market is still in a corrective phase — disciplined risk management and patience are key.
