$SOL /USDT – Crashing Fast, Is the Bottom in Sight?
Solana $SOL is under intense pressure, now trading around $102.43, down a sharp 14.56% in the last 24 hours. After peaking at $120.60, the price has broken key short-term supports and is now hovering just above the intraday low of $102.22.
Volume is spiking with over 673M USDT traded—indicating high volatility and strong sell-side momentum.
Key Technical Snapshot:
SAR flipped bearish at $107.47
Strong downside momentum on 1h (-5.24%) and 1D (-12.08%)
Support structure is weakening with every leg down
Three Critical Targets to Watch:
🎯 Target 1: $100.00
A psychological level. If broken, it could trigger stop-loss cascades.
🎯 Target 2: $95.50
Next support zone from early March—watch for buyer interest.
🎯 Target 3: $88.00
Major demand zone from February, potential reversal zone if things get worse.
Recovery hopes?
SOL needs to reclaim $107.50+ quickly to shift momentum. Otherwise, the trend favors bears.
Trade the volatility. Be sharp, stay informed.
Only on Binance.
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