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🚨 SOLANA UNDER PRESSURE — BUT OVERSOLD SIGNALS ARE FLASHING ⚡
$SOL slipped back near the $91.40 zone after heavy selling pressure hit the market, trading between $91.44–$95.98 in the last 24 hours and losing around 2.8%.
Short-term momentum still looks weak as death cross signals on the 15-min and 4-hour charts show sellers remain in control. Rising trading volume also confirms stronger market activity and faster downside pressure.
But here’s the twist — MACD downside momentum is slowing, while RSI, CCI, and Williams %R have entered oversold zones, raising the chance of a sharp short-term rebound.
📌 Key SOL Levels to Watch:
🟢 Support: $91.40
🔻 Breakdown zone: $89
🚀 Bounce targets: $94 → $96
🧱 Strong resistance: $98
Daily structure is not fully broken yet, with SAR still showing a bullish signal, while wider Bollinger Bands suggest more big moves could be coming.
⚠️ Bottom line: Solana is still under short-term technical pressure, but oversold conditions are building the setup for a possible fast bounce — if buyers defend the $91.40 support zone.