📉 $SOL /USDT – Sharp Pullback, But Buyers Show First Signs of Defense 🛡️⚡
Solana has faced a heavy sell-off, dropping from 209.86 to a low of 186.68 in just one session. This sharp decline pushed the RSI(6) to oversold territory around 32, hinting at a possible relief bounce.
We’re now seeing price attempting to stabilize around 195 after touching the key support zone near 190–186. The MACD remains slightly bearish, suggesting that momentum still favors sellers for now — but oversold conditions could invite dip buyers.
🔍 Key Levels to Watch:
• Support: 190 – 186
• Resistance: 200 – 205
• A break below 186 could open the door toward 180, while reclaiming 200 could flip sentiment bullish again.
📊 Trading Outlook:
• Short-term traders: Watch for confirmation of a bounce before entering.
• Swing traders: Wait for a daily close above 200 to signal potential trend reversal.
Solana’s volatility is back — patience and risk control are key. 📌