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$SOL CRITICAL ALERT: The Line in the Sand is $137! 💥
$SOL is at a decisive pivot point on the 1H chart! After a sharp drop from recent highs, price is fighting for survival right at the cluster of major EMAs (Exponential Moving Averages). Selling momentum is currently dominant (MACD bearish cross).
The Two Scenarios: Bounce or Break?
DEFENSE (Bullish): The critical dynamic support zone is $137.00 – $139.00 (defined by the cluster of the 20/50/100 EMAs). Must HOLD this area! If successful, expect a short-term bounce targeting $143.36.
BREAK (Bearish): Failure to hold the EMA confluence near $137.00, especially with high volume, invites a massive drop. The primary structural floor sellers will aim for is the crucial historical demand zone at $128.00 – $130.00.
🔑 CURRENT FOCUS: Holding the dynamic support near $137.00 is the most crucial tactical fight right now.
🚨 I will keep you updated immediately when this critical zone breaks or holds!
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