$SOL Breakdown – Bearish Pressure Escalates❗
#Solana has broken below a key intraday support level and is now trading around $109.53, after hitting a 24-hour high of $121.00. Selling momentum is intensifying, and despite technical indicators showing extreme oversold conditions, buyers remain inactive.
Key Stats:
24h High: $121.00
24h Low: $107.26
RSI (6): 10.59 – deeply oversold
StochRSI: 1.19 – near rock bottom
Market Insights:
Strong rejection from the $121 level
Bearish momentum remains dominant with no clear reversal signs
Eyes on $105.50 as the next potential support level
