Solana Latest Market Analysis + Support and Resistance Levels Sharing!!! #SOL $SOL
🚨 Midnight Market Outlook: Continuous Downtrend, 122 "Death Line" Close at Hand Latest Situation: Continuous Blood Loss: Compared to two hours ago (123.78), SOL continues to slowly decline to 123.39. Although the drop is not significant, this "dull knife cutting meat" downward trend clearly indicates the problem—extreme lack of buying interest, and bulls have no resistance. Key Signal: At this time, the US stock market is in the most active trading period at midday, but SOL still hasn't gained any rebound momentum. In terms of candlestick patterns, the price is being pulled downward like a magnet toward the previous support zone at 121.80 - 122.00. Core Battle: The current target for the bears is very clear—testing the double bottom support at 122.00. Before touching this level, any slight rebound (such as a rebound to 124) is likely to be suppressed by the bears.
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Solana Latest Market Analysis + Support and Resistance Levels Sharing!!! #SOL $SOL
🚨 Midnight Market Outlook: Continuous Downtrend, 122 "Death Line" Close at Hand
Latest Situation:
Continuous Blood Loss: Compared to two hours ago (123.78), SOL continues to slowly decline to 123.39. Although the drop is not significant, this "dull knife cutting meat" downward trend clearly indicates the problem—extreme lack of buying interest, and bulls have no resistance.
Key Signal: At this time, the US stock market is in the most active trading period at midday, but SOL still hasn't gained any rebound momentum. In terms of candlestick patterns, the price is being pulled downward like a magnet toward the previous support zone at 121.80 - 122.00.
Core Battle: The current target for the bears is very clear—testing the double bottom support at 122.00. Before touching this level, any slight rebound (such as a rebound to 124) is likely to be suppressed by the bears.