Solana trades at $84.53 (+0.75%), recovering from a session low of 83.71 after a sharp intraday selloff from 87.31.
All moving averages (MA5: 84.20, MA10: 84.33, MA30: 85.38) slope downward with price trading below all three — a clear bearish structure. The late-session bounce shows early buying interest, but no confirmation yet. MACD remains negative (DIF: -0.52, DEA: -0.49), though histogram bars are shrinking — momentum may be fading. Bias: Bearish. Watch 85.38 as key resistance. A reclaim opens 86.66; failure retests 83.71. Not financial advice. $SOL #GateLanternFestivalRedPacketGiveaway
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Solana trades at $84.53 (+0.75%), recovering from a session low of 83.71 after a sharp intraday selloff from 87.31.
All moving averages (MA5: 84.20, MA10: 84.33, MA30: 85.38) slope downward with price trading below all three — a clear bearish structure. The late-session bounce shows early buying interest, but no confirmation yet.
MACD remains negative (DIF: -0.52, DEA: -0.49), though histogram bars are shrinking — momentum may be fading.
Bias: Bearish. Watch 85.38 as key resistance. A reclaim opens 86.66; failure retests 83.71.
Not financial advice.
$SOL #GateLanternFestivalRedPacketGiveaway