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📉 SOL/USDT Breakdown – Bears Still in Control!
Solana is currently trading around $82.8, showing clear bearish momentum after multiple rejections near the $90–$92 zone.
🔍 What’s happening?
Price is below MA5, MA10, and MA30 → strong downtrend signal
Continuous lower highs & lower lows → sellers dominating
Recent support at $81.8 is being tested again
📊 Indicators Insight:
MACD is negative → bearish momentum still active
RSI (below 30–35 zone) → near oversold, possible short bounce
Weak buying pressure overall
⚠️ Key Levels to Watch:
Support: $81.5 – $80 (break = further drop)
Resistance: $85 – $88 (recovery needed for trend shift)
💡 Conclusion:
Trend is bearish for now. A short-term bounce is possible, but real strength only comes if price reclaims the $85+ zone.
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