🔥 Solana (SOL) at a Crossroads: Breakout or Breakdown? 🔥
📉 Bearish Momentum: SOL has been struggling, breaking key support levels. If the $122.52 mark is breached, expect a slide to $121.66, with $121 acting as a strong support. A failure here could send SOL tumbling toward $111.83—a crucial demand zone.
📊 Indicators Flashing Red:
🔸 200 EMA & MACD: Both are steep, signaling strong downward pressure.
🔸 Volume: Down for three days straight—spot sellers remain in control.
🔸 RSI: Deep in the oversold zone, hinting at a possible bounce if buyers step in.
🌎 Market Headwinds:
💥 Trump Tariffs & Global Economic Uncertainty are adding fuel to the bearish fire.
🚀 Possible Reversal? If bulls defend key levels, we could see fresh buying momentum. Eyes on the next move!
💬 What’s your take on SOL’s next move? Comment below! 👇👇
#cryptoanalysis #SOL #MarketTrends #BİNANCE