$SOL #SOLStandsStrong This is an in-depth technical analysis of the SOL/USDT 4-hour (4h) chart provided. Based on the indicators visible (Moving Averages, Volume, and MACD), here is the breakdown of the current market structure.
1. Price Action & Trend Structure
The chart shows Solana (SOL) in a short-term corrective phase following a local peak.
Recent High: The price hit a resistance level around $91.24, followed by a series of lower highs and lower lows.
Current Support: Price found temporary footing near $79.00 - $80.00. It is currently attempting a minor bounce, trading at $82.63.
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