💰$SOL is currently trading around $73.68, remaining under heavy selling pressure as the bearish trend continues to strengthen.

Technical Analysis (4H timeframe):

🔴 The price is trading below key short-term moving averages, while the SHORT Sequence 5 signal confirms strong seller dominance. Five consecutive bearish signals indicate that downside momentum remains firmly established, with sellers continuing to control the trend.

⚠️ The $74.50–$75.20 range acts as immediate resistance. Unless SOL reclaims this zone with strong buying volume, any short-term rebound is likely to face renewed selling pressure.

📉 Initial support is located around $72.80–$73.10. A break below this level could accelerate the decline toward $71.50–$72.00.

Outlook: The short-term trend remains strongly bearish, supported by SHORT Sequence 5 and sustained selling pressure. A decisive breakout above $75.20 would be needed to weaken the current bearish structure; otherwise, the downside bias remains firmly intact.

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