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🚨$SOL /USDT 12H Technical Analysis
🔴 $SOL /USDT | 12H Chart Analysis
SOL trades at $81.89, still struggling below Bollinger midband (MB: 82.30) bearish structure intact. Price collapsed from $97.67 all the way to $76.69, and the current recovery looks unconvincing at best.
RSI Triple Confirmation of Weakness:
RSI(6): 42.10 | RSI(12): 46.57 | RSI(24): 46.96 all three sitting below 50, painting a consistently bearish momentum picture across timeframes. No divergence. No relief.
📉 Volume seals the verdict 110.69K current volume is crushed below MA5 (179K) and MA10 (234K). Bulls have zero fuel.
Verdict: Classic bearish ranging market. Avoid longs until a strong close above MB $82.30 with volume confirmation. Bias remains short/sideline.
🎯 Resistance: $85.95 | Support: $78.65
DYOR Not Financial Advice 🔍
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