$SOL 15-Minute Technical Analysis â Momentum Slowing After Strong Rallyđ
On the 15-minute timeframe, #Solanaâ© (SOL/USDT) showed a strong bullish impulse, pushing price from the 81.50 area toward 83.20 with solid buying volume. However, after the sharp move up, momentum has started to slow and short-term sellers are stepping back into the market.
đ Price Action
The recent candles show rejection near 83.20â83.40 resistance. Lower highs and red candles suggest temporary weakness. Price is now hovering around the 82.70 zone.
đ Moving Averages (MA)
Short-term moving averages are beginning to flatten. If price remains below the fast MA (9 EMA) and crosses under the 20 EMA, it signals short-term bearish pressure.
đ Volume
Strong green volume supported the breakout, but recent red candles with rising volume indicate increasing selling activity. Buyers appear less aggressive compared to the earlier push.
đ Key Levels
Resistance: 83.20 â 83.40
Support: 82.30 â 82.40
If 82.30 breaks, next support may appear near 81.80.
đ Conclusion
The short-term trend is shifting from bullish momentum to consolidation or mild bearish pressure. A breakout above 83.40 with strong volume would restore bullish strength, while a break below 82.30 could extend the pullback.
