SOL Shows Weak Momentum After Rejection Near $98
$SOL is currently trading around $87 on the 4H chart after facing a strong rejection near the $98 resistance zone. The recent sell-off pushed the price below key moving averages, signaling that short-term momentum has shifted in favor of bears.Volume increased during the decline, showing strong selling pressure as traders took profits from the recent rally. The current support sits near $85, while a recovery above $90 could help restore bullish momentum.
For now, the market remains cautious as traders watch whether SOL can hold its current range or continue its pullback toward lower support levels.
SOLUSDT
Διην.
86.57
+1.89%