Hereโs a quick short-term outlook for
$SOL :
Current Market View
$SOL is trading in a volatile range around the low-to-mid $90s area, with traders watching the $95โ100 resistance zone closely. Several recent technical reports suggest short liquidations could trigger a fast move upward if momentum breaks resistance. ๏ฟฝ
Coinpaper +2
Bearish Scenario (Short Setup)
A short trade becomes more attractive if:
SOL loses support near $88โ90
Bitcoin weakens simultaneously
Volume increases on downside candles
Potential downside targets:
$85
$82
Extended selloff toward $77 if panic accelerates ๏ฟฝ
MEXC +2
Bullish Invalidation
The bearish thesis weakens if SOL:
Breaks above $95 decisively
Holds above $100
Futures open interest keeps rising
In that case, a squeeze toward $105โ110 becomes possible. ๏ฟฝ
MEXC +1
Technical Structure
The market currently looks like a consolidation phase after heavy volatility:
RSI is mostly neutral
Momentum is mixed
Traders are waiting for breakout confirmation
A simple support/resistance model:
๏ฟฝ
(Resistance zone)
๏ฟฝ
(Key support)
Chart Picture
Recent SOL technical chart:
Short-Term Bias
Neutral-to-bearish below $95
Bullish above $100
High volatility expected over the next few sessions
Not financial advice โ crypto remains extremely volatile.
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