$SOL 🚨 Solana (SOL) Drops to $92 – Oversold or More Pain Ahead?
Solana (SOL/USDT) is currently trading around $92.58, down nearly -9.40% on the daily timeframe. 📉
🔻 24H High: $102.26
🔻 24H Low: $91.31
The chart shows strong bearish momentum with consecutive red candles and increasing sell volume. RSI is around 16, indicating deeply oversold conditions — a level where short-term bounces sometimes happen.
However, the trend remains weak unless SOL reclaims key resistance above the $100 zone.
📊 Key Levels to Watch:
• Support: $91 – $88 zone
• Resistance: $100 – $113 zone
Is this panic selling before a bounce?
Or is the downtrend still in control?
What’s your strategy — accumulating or waiting? 👇
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SOL
91.96
-5.72%