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$SOL is trading near $84.20 and sitting just above key support at $83.38, but trend remains bearish with sellers still controlling momentum.
Price stays below MA5 ($84.81), MA10 ($85.77), and MA20 ($86.95) — confirming sustained downtrend pressure.
KEY LEVELS
Support: $83.38
Strong support: $82.00
Resistance: $84.80 – $85.80
Major resistance: $86.95
BULLISH SCENARIO
Hold $83.38 and reclaim $84.80
Targets: $85.80 → $86.95
BEARISH SCENARIO
Lose $83.38
Targets: $82.00 → $80.00
MOMENTUM
$SOL remains weak with lower highs, fading rebounds, and heavy pressure near local lows.
Unless bulls recover above $84.80–$85.80 soon, downside risk stays elevated.
CONCLUSION:
$SOL is bearish near support.
Hold $83.38 → possible short bounce.
Break above $85.80 → recovery attempt.
Lose $83.38 → likely continuation lower.
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