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ical Outlook: SOL Reclaims Short-Term Support, but Major Trend Remains Bearish
Solana is showing signs of recovery after defending the $XRPsupport zone, with buyers pushing price back above several short-term resistance levels. While momentum has improved, SOL continues to trade below the higher-timeframe moving averages, meaning the broader trend remains bearish until stronger resistance is reclaimed.
📈 EMA Structure (Mixed)
20 EMA: $72.82
50 EMA: $75.41
100 EMA: $81.58
200 EMA: $97.01
Price has reclaimed both the 20 EMA and 50 EMA, signaling improving short-term momentum.
However, SOL remains below the 100 EMA and 200 EMA, which continue to act as major dynamic resistance.
A sustained move above #GateStocksTransferLive