📉 Solana ($SOL ) Short-Term Analysis
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Current Market Structure
$SOL recently bounced from the $70–$75 demand zone and is now trading around the $85–$90 area.
Price is approaching a key resistance band near $88–$91, which has rejected price several times recently.
Overall structure still looks like a descending correction channel, meaning rallies may face selling pressure unless resistance breaks.
🔑 Key Levels
Resistance
$89 – $91 (major short-term resistance)
$95 – $100 (breakout zone / bullish confirmation)
Support
$83 – $80 (decision zone)
$74 – $72 (strong demand area)
📊 Short Trade Idea (Technical)
Bearish scenario
If SOL rejects $90–$91:
Short targets → $83 → $78 → $72
If $80 breaks, next downside could extend to $64–$59 zone.
Bullish invalidation
Daily close above $95–$100 could trigger a move toward $110+.
✅ Summary
Market currently in range / correction
Best short area: $90–$95 rejection
Bullish only if: $100 breaks with volume
💡 If you want, I can also show:
