🔻 $SOL /USDT SHOWING WEAK MOMENTUM NEAR KEY SUPPORT
$SOL has retraced from the 206.30 local top and is now hovering around 201.08, displaying bearish consolidation.
📊 Key Observations:
Multiple lower highs after the 206.30 peak
Sideways candles indicate indecision
Support zone forming near 199.90 – 201.00
Price structure still inside a minor downtrend
📉 Trend Outlook:
Short-term pressure is bearish, but bulls may attempt a bounce if the 199.90 zone holds.
🔍 Break below 199.90 = more downside potential
📈 Reclaim above 203.90 = possible short squeeze