📉 $SOL /USDT Update – Bears Still in Control

$SOL is trading near $81.13, down nearly 4%, after facing strong rejection around $88.69. Price action continues to lean bearish as momentum weakens.

📊 Technical Outlook:

• Clear lower highs & lower lows on the 1H chart

• Sustained selling pressure

• Recent low printed at $80.28

📌 Key Levels to Watch:

🔹 Support: $80.00 – $79.80

🔹 Next Support: $77.50

🔹 Resistance: $83.50 – $85.00

⚠️ A clean break below $80 could open the door for further downside.

If buyers step in here, a relief bounce toward $83–$85 is possible.

🎯 Trade Idea:

📍 Short below $80

🎯 Targets: $78 → $75

🛑 Stop Loss: Above $83

Market structure remains weak — manage risk carefully and avoid over-leveraging.

#SOL #Solana⁩ #CryptoMarket #Altcoinseason2024 #TradingAnalysis

SOL

77.89

-2.57%