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Just checked SOL and it's looking rough right now. Price broke below $85 and is now sitting around $80.42, down from where we thought it might hold. The bearish momentum is picking up on the hourly chart, and honestly it doesn't look great if we can't reclaim that $82 level soon.
The concerning part is the technical setup. RSI is below 50 and the MACD is gaining pace in the bearish zone. If this continues and we dip below $76, things could get messier pretty fast. I'm watching the $72.50 support closely because a break there could send it toward $68 or even $60 territory.
On the flip side, if SOL manages to close back above $85, that could spark another leg up toward $90 and potentially $102. But right now the path of least resistance seems to be downward. Let's see if we get any bids at $76 or if this breakdown accelerates.