📊 $SOL USDT Technical Analysis (1H)

SOL
SOLUSDT
86.18
-3.70%

đŸ”č Current Price: $76.81

đŸ”č Trend: Short-term bearish

đŸ”č Market Structure: Lower highs & lower lows

🔎 Technical Overview

‱ Price is below MA(7), MA(25), and MA(99) → strong bearish pressure

‱ MA(25) acting as dynamic resistance

‱ Recent breakdown below $78 support confirms weakness

‱ MACD below zero line → bearish momentum still active

‱ No clear bullish reversal signal yet

📌 Key Levels

🟱 Support Zones:

‱ $75.60 – $75.00 (intraday support)

‱ $73.80 – $72.50 (next demand zone)

🔮 Resistance Zones:

‱ $78.00 – $78.50

‱ $80.60

‱ $82.80 (MA99 / strong supply)

📈 Possible Scenarios

đŸ”» Bearish Continuation:

If price stays below $78 → move toward $75 then $73 possible

🔄 Relief Bounce:

Short-term bounce possible from $75 zone, but only scalp unless price reclaims $78.5 with volume

đŸ”ș Trend Shift (Needs Confirmation):

Only valid if 1H close above $80.5

⚠ Conclusion:

$SOL is still bearish on 1H. Best approach is wait for support reaction or clear breakout confirmation. Avoid chasing trades in the middle zone.

#SOL #SOLUSDT #CryptoAnalysis #BinanceSquare