🚨 $SOL AT RISK: CAN THE $80 FLOOR HOLD?
SOL is clinging to a critical spot at $80.72. The daily chart shows a clear downward trend of lower highs after a sharp rejection from $98.41. Sellers are firmly in control, and the short-term moving averages are acting as heavy overhead walls.
All eyes are now locked onto the massive $80.00 psychological support.
A daily close below $80.00 will likely trigger a fast drop to lower macro demand levels. However, if buyers can defend this line and push back above $83.50, it will trap late short sellers and spark a quick relief rally to $87.00.
SOL
82.38
+0.36%