SOL/USDT Technical Analysis

Solana (SOL) is currently trading at **$129.21**, down **6.69%** today, showing strong bearish pressure 📉

**Key Insights:**

📉 **Moving Averages:**

- **MA(7):** $135.85 ❌ (Trading below, indicating short-term weakness)

- **MA(25):** $132.89 ❌ (Bearish pressure increasing)

- **MA(99):** $181.98 ❌ (Far below, long-term downtrend still intact)

**Support & Resistance:**

- **Support:** **$129.03** (24h low). If this breaks, next support is around **$112**

- **Resistance:** **$139.95** (24h high). Bulls need a breakout above **$135** to regain strength.

📌 **Trend Analysis:**

- Short-term: **Bearish** ⚠️ (recent sell-off)

- Medium-term: **Neutral to Bearish** ❌ (needs strong buying volume)

- Long-term: **Bearish** 🚨 (still below key moving averages)