🟣 $SOL /USDT
Flash crash hit $130 — but was that the bottom or just a pause?
📉 Current Price: $133.92 (-4.47%)
📊 1H Chart Snapshot:
Solana printed a brutal red candle down to $130.90, marking a fresh intra-day low. Despite a bounce attempt, SOL is still trading under all major MAs, confirming trend weakness on lower timeframes.
📊 Moving Averages:
• MA20: $139.28
• MA50: $142.03
• MA99: $144.03
All MAs are now acting as stacked dynamic resistance — price needs to reclaim $139+ to escape this downtrend.
🔄 Market Behavior:
After multiple rejections from $148–$150, a strong sell-off triggered stop-losses and led to a liquidity flush. The quick bounce suggests buyer interest near $130, but conviction is still low.
🔥 Momentum Insight:
• Volume spiked aggressively during the sell-off
• Lower highs remain intact
• No bullish divergence seen yet — caution warranted
🧱 Key Levels to Watch:
• Resistance: $136.50 → $139.30 → $142.00
• Support: $130.90 → $127.00
📌 Recommendations:
🔻 If $130.90 breaks again, downside may extend toward $127 or even $122.
🚀 If SOL reclaims the $139–$140 zone, we could see a short squeeze toward $144.
🔁 Consolidation between $130–$139 is possible while the market digests the recent drop.
⚠️ DYOR – Momentum favors sellers unless SOL flips key resistance. Avoid catching knives without confirmation and always use proper risk controls.
Will SOL reclaim $140 or revisit sub-$130 lows? Let’s discuss in the comments! 👇