SOLUSDT faced rejection from the higher zone and is now pulling back with increasing selling pressure. The move looks like a short-term correction after a failed push, not a full breakdown yet.
1 Hour View On the 1H timeframe, price is trending down with weak bounce attempts. Sellers are still active, but downside momentum is slowing near support. A hold here could lead to short-term consolidation or a small relief move.
4 Hour View On the 4H chart, SOL is correcting from the recent swing high. The overall structure is cooling, but the broader trend is still intact unless key support fails. This zone is important for trend decision.
Outlook
Short term: sideways to mild recovery if support holds
Mid term: trend resumes only after strong buyer confirmation
Losing support may extend the correction further
This is a personal market view based on price action and timeframe behavior, not financial advice. Always trade with your own risk plan.
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$SOL SOLUSDT Market Analysis
SOLUSDT faced rejection from the higher zone and is now pulling back with increasing selling pressure. The move looks like a short-term correction after a failed push, not a full breakdown yet.
1 Hour View On the 1H timeframe, price is trending down with weak bounce attempts. Sellers are still active, but downside momentum is slowing near support. A hold here could lead to short-term consolidation or a small relief move.
4 Hour View On the 4H chart, SOL is correcting from the recent swing high. The overall structure is cooling, but the broader trend is still intact unless key support fails. This zone is important for trend decision.
Outlook
Short term: sideways to mild recovery if support holds
Mid term: trend resumes only after strong buyer confirmation
Losing support may extend the correction further
This is a personal market view based on price action and timeframe behavior, not financial advice. Always trade with your own risk plan.