$SOL / USDT Technical Analysis (3D Timeframe)
Current Price: $123.98
Market Structure: Bearish
Timeframe: 3 Days
Solana is showing strong bearish momentum after a massive rejection from the $253 zone. Price has continuously formed lower highs and lower lows, confirming a downtrend.
🔍 Technical Indicators Analysis
🔴 Supertrend (10,3):
Supertrend is clearly red, indicating a strong sell trend
Price is trading below Supertrend, confirming bearish control
📊 MACD:
MACD remains below the zero line
Histogram is weak → no strong bullish reversal yet
Momentum still favors sellers
📉 Volume:
Volume is decreasing, showing weak buying interest
No accumulation signs at current levels
📌 Key Levels to Watch
Support Zones:
$116 – $118 (recent low & short-term support)
$110 – $105 (major demand zone)
Resistance Zones:
$130 – $135 (immediate resistance)
$150 – $158 (Supertrend & breakdown zone)
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