🚨 $SOL – BEARISH MARKET ALERT
Solana is facing strong selling pressure, with SOL/USDT trading around $89.37, down 6.8%. Trading volume has reached approximately $56.50M, showing significant market activity.
Key Trading Levels:
- Current Price: $89.37
- Support: $87.50
- Support 2: $85.00
- Resistance 1: $91.50
- Resistance 2: $94.00
- Upside Target: $97.00
Technical Outlook:
SOL needs to reclaim the $91.50 resistance to show signs of short-term recovery. A breakdown below $87.50 could invite further selling pressure.
Pro Tip: Avoid chasing the falling price. Watch for a strong support reaction and confirmation before considering a LONG entry.
Stay patient and trade smart!
Let's go $SOL #ADP Reports 86,000 Private-Sector Jobs Added in October, Beating Expectations #US 10-Year Treasury Yield Falls to 4.845% as Investors Seek Safe-Haven Assets #South Korea delays crypto tax #2026 US Midterm Election Results: Will the CLARITY Act Face Further Delays in Crypto Regulation?