$SOL Failed to hold $100 and has been in the red since then — dropped from 97.68 to 82.02. The dream of 3 digits is quickly fading. Bulls need to wake up NOW. 👀

🟨 Chart Analysis

• Clearly forming lower highs — a downtrend structure on the daily chart

• The attempt to recover at 90.89 was sharply rejected

• Now at 82.02 with very low volume — buyers are nowhere to be seen

🟧 Key Levels

🟢 Support: 83.22 → 80.26 → 79.38

🔴 Resistance: 87.05 → 90.89 → 94.72

Two Scenarios

🚀 Bullish — Hold 80.26 and recover to 87.05 = recovery back to 90+

⚠️ Bearish — Lose 80.26 = 79.38 breaks and SOL heads towards the 75 zone

🟦 Summary

$SOL at a dangerous level. 80.26 — the last major support — lose it, and the daily chart will become much uglier. Bulls must defend here, otherwise, it all ends in the short term. 🔥$SOL

SOLUSDT

Perp

80.46

-2.68%