๐จ #SOL/USDT. Market Update โ Bears in Control! ๐จ
Solana (SOL) has seen a sharp decline, currently trading at $133.45 (-3.41%), with a 24-hour low of $133.10. After hitting resistance at $139.95, price action has been consistently bearish, breaking below key moving averages (MA7, MA25, and MA99).
๐ Key Observations:
๐ Downtrend Confirmation: Price is trading below MA (7, 25, 99), indicating strong bearish momentum.
๐ Support Level: Holding near $133.10โwill it break lower or bounce back?
๐ฅ Trading Volume: 24h volume remains high, suggesting volatility ahead!
๐ Whatโs Next?
A break below $133 could lead to further downside.
If bulls regain control, resistance at $136 - $137 must be cleared for a reversal.
๐ Trade Wisely & Manage Risk! Let me know your thoughtsโwhere do you see SOL heading next? ๐๐
#CryptoTitan #SOL็ฉบๆ #Binance #SOLUSDT @Kaia Chain @Ben Walther @BounceBit