SOL/BNB doesn’t look great here.
We’re sitting at 0.1306, right at the 24h low. That’s not where you want to see price stall if you’re hoping for strength. Sellers have been pressing it all day and there’s barely any real bounce attempt so far.
SuperTrend is still flipped red. No shift there. MACD is widening on the downside — momentum isn’t slowing, it’s expanding. That’s usually continuation, not reversal.
-4% on the day isn’t catastrophic, but the context matters. We’re not pulling back into support after a breakout. We’re leaking at the bottom of the range.
This is the kind of spot where either buyers step in soon or it slips another leg lower. I’m not calling a breakdown yet, but I’m definitely not rushing a long here.
If it bounces, it needs to do it fast. Otherwise this probably drifts lower before any real relief.
