🚨 $SOL Bearish Market Observation ⚡
Recent price action shows weak buying pressure, with momentum slowing around the $140–$145 zone. EMA20 flattening under EMA50, fading MACD strength, and RSI struggling below 60 all suggest buyers may be losing control.
Wicks around $141 highlight visible resistance, while volume data shows sellers defending that level.
A move below $134 would add further bearish confirmation and could open the door to deeper retracements toward previous support areas such as $127–$121.
Traders watching $SOL may monitor lower-timeframes (15m–30m) for clearer structure shifts.
