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Technical View: SOL Attempts Recovery, but Broader Trend Remains Bearish
Solana is attempting a short-term recovery after holding the $67–68 demand zone, with price bouncing back toward $70.9. While buyers have regained momentum, SOL continues to trade below all major moving averages, keeping the broader trend bearish.
📈 EMA Structure (Bearish)
20 EMA: $71.08
50 EMA: $75.26
100 EMA: $82.03
200 EMA: $97.86
Price remains below all four major EMAs.
EMA 20 acts as the first dynamic resistance.
EMA 50, 100, and 200 continue to slope downward, confirming the prevailing bearish trend.#SKHynixTopsKOSPIByMarketCap #MicronEarningsBeatExpectationsSharesRise