⬤ Solana (SOL) moved below an important support zone and continues trading underneath it, signaling weakening momentum. The asset now looks heavy after losing this level, which previously acted as a base during consolidation.
⬤ The chart shows SOL declining toward the lower range after failing to hold above the marked support area. Instead of bouncing, price remained below the level, confirming a breakdown rather than a temporary deviation. Recent candles indicate sellers are maintaining control while recovery attempts remain limited.
⬤ This area had previously supported price multiple times, making its loss technically significant. Until SOL moves back above the broken support zone, the structure remains weak and upside strength is not expected.
⬤ The next directional signal depends on whether the level is reclaimed. Holding below it keeps pressure on price action, while a recovery above it would be needed to restore strength and shift momentum.
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Solana Loses $180 Support as Price Turns Heavy
⬤ Solana (SOL) moved below an important support zone and continues trading underneath it, signaling weakening momentum. The asset now looks heavy after losing this level, which previously acted as a base during consolidation.
⬤ The chart shows SOL declining toward the lower range after failing to hold above the marked support area. Instead of bouncing, price remained below the level, confirming a breakdown rather than a temporary deviation. Recent candles indicate sellers are maintaining control while recovery attempts remain limited.
⬤ This area had previously supported price multiple times, making its loss technically significant. Until SOL moves back above the broken support zone, the structure remains weak and upside strength is not expected.
⬤ The next directional signal depends on whether the level is reclaimed. Holding below it keeps pressure on price action, while a recovery above it would be needed to restore strength and shift momentum.