The overall trend is bearish, with a new Lower Low (LL) formed around 160.88 USDT. Market structure shows continued selling pressure, with multiple Breaks of Structure (BoS) confirming the downtrend. ✅ Indicators & Key Levels:
Moving Averages: Price remains below key moving averages, reinforcing the bearish momentum. Support Zone: 160 - 165 USDT is a crucial support level; a break below could lead to further downside. Potential Reversal Signal: Some signs of bullish divergence suggest a possible short-term correction. Fibonacci Levels: Resistance at 177 - 185 USDT, followed by 193 - 205 USDT if recovery occurs.
SOLUSDT Overall performance of Solana is far much better than Ethereum this season. If BTC breakouts from here will open doorways for a new ATH for Solana as right now BTC is the only driving force. A good buying pressure in BTC will result a good amount of hike in Solana.
SOLUSDT 3 drops on 3 seperate weekend in less than a month , each time getting stronger , people responsible for it will need a lot of time and lots of sideway moves to close all their shorts. I dont think this will bounce anytime soon , I hope it doesnt drop once more because many people would probably lose their account
I get it – the “SOL Rip” messages are everywhere, and it’s easy to feel discouraged. But let’s not forget why we believe in Solana:
✅ Unmatched Tech: Lightning-fast, low-cost, and scalable. ✅ Strong Community: We’ve overcome challenges before, and we’ll do it again. ✅ Endless Innovation: From DeFi to NFTs, Solana keeps pushing boundaries.
Every major blockchain has faced FUD. Bitcoin and Ethereum were declared “dead” too. Look where they are now.
Stay strong, stay informed, and HODL on. The future is bright, and we’re just getting started.
SOLUSDT TA? it's not about TA ,it's about commonsense , how can sth valuable lose 50% of it's value during two "weekend" less than a month ? price action like this is just more proof that it's ponzi scam. people in crypto usually lose most amount of money in perfect TA "corrections" but correction can always become deeper correction and deeper correction can become a macro downtrend and macro downtrend can become a crash and no one will stop it from falling because in practise these company have barely any usecase and profit except selling their tokens
SOLUSDT.P do you guys really understand? The ath was 295 … now is almost 50% off and you are complaining? Do you really think that the trends are infinite? You all gotta focus on technical analysis and instead of just going crazy for a dump.