🚨 SOLANA ($SOL) FACES INTENSE SELLING PRESSURE — HERE’S WHAT THE CHART REALLY SIGNALS 📉🔥
$SOL | SOL/USDT
💰 Price: 104.18
📉 24H Change: -11.21%
📊 24H High: 118.85
📉 24H Low: 96.40
💵 24H Volume: 899.28M USDT
⚠️ Market Breakdown (4H Timeframe)
Solana has entered a sharp corrective phase after failing to hold key levels.
🔻 Price was aggressively rejected from the 128.34 resistance zone
🔻 Consecutive strong bearish candles point to panic selling and liquidations
🔻 A long lower wick near 96.40 hints at temporary demand, suggesting a possible short-term bounce
📉 Moving Averages Confirm the Trend
📌 MA(7): 112.00
📌 MA(25): 119.01
📌 MA(99): 128.66
❌ Price is trading below all major moving averages
❌ Market structure remains clearly bearish
❌ Sellers are firmly in control 🐻
📊 Volume Insight
🔴 A significant volume spike accompanied the breakdown
💥 This confirms distribution and forced liquidations
⚠️ Volatility remains elevated — sharp moves in both directions are likely
🧠 What This Move Really Means
This sell-off isn’t random ❌
It reflects a leverage flush combined with trend continuation
🔹 Short-term trend: Bearish
🔹 Momentum: Weak
🔹 Market sentiment: Fear-driven 😨
🎯 Key Levels to Watch
🟢 Support: 96 – 100 zone
🔴 Resistance: 112 – 120 zone
📌 A reclaim above 112 is required for any bullish relief
📌 Losing 96 could expose SOL to further downside ⬇️
💡 Final Take
🧨 Solana is currently in a high-risk, high-volatility environment
🧘 Patience beats emotions
🛡️ Strong risk management is essential
📌 Markets punish impatience — and reward discipline 💎
#sol板块 #solana #SolanaUSTD #CRYPTOM #altcoins
