$SOL

🌊 SOL's recent movement feels a bit shaky, the market is like walking on a tightrope, one misstep and you might fall into a pit!

🔻 Bears are dominating: Support is critical!

Currently, the 20-day moving average has started to decline, and RSI has dropped below 50—what does this signal?

👉 It indicates that the bears have gained the upper hand, and now we need to see if the support at $153 can hold!

If $153 breaks down, that's bad:

🚨 The target will directly look towards $140

Bears might take the opportunity to continue selling, opening up space for a pullback!

🔁 But don't panic too much: it might still need to consolidate!

The market isn't just about crashing, sometimes it also needs to “consolidate”!

SOL rebounded from $153 but is being pressed below the 20-day moving average at $165

That means—

👉 The market is preparing to oscillate between $185 and $153, which means range-bound fluctuations.