🚨 $SOL 4H Analysis | Bearish Pressure Continues 📉
SOL is trading near $113.7 after breaking below key support.
🔻 Trend:
Price remains bearish, trading below:
MA(7): 118
MA(25): 123
MA(99): 131
This confirms sellers are still dominant.
📉 Price Action:
SOL lost the $120 support and formed a lower low at $111.7, showing downside continuation. Buyers are still weak.
📊 Volume:
Selling volume increased during the breakdown, supporting bearish momentum.
🟡 Key Levels
🟢 Support:
112 – 110
105
🔴 Resistance:
118 – 120
125 – 127
📌 Scenarios
✅ Bearish:
Rejection below 118 → Possible move to 105 – 108
⚠️ Bounce:
Hold above 110 → Short-term relief rally to 118 – 120
🧠 Conclusion:
Market structure is bearish. Shorts are favored below 120. Longs remain risky until SOL reclaims 123+ with volume.
⚠️ Always use proper risk management.
