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via BeInCrypto · By Ananda Banerjee

Solana Loses Half Its Bid Just as $83 Trapdoor Threatens Free-Fall

SOL

SOL/USDT

$106.58
+4.19%
24h Volume

$2,828,971,432.38

24h H/L

$107.30 / $102.28

Change: $5.02 (4.91%)

Long/Short
68.4%
Long: 68.4%Short: 31.6%
Funding Rate

+0.0020%

Longs pay

Data provided by COINOTAG DATALive data
Solana
Solana
Daily

$106.52

3.24%

Volume (24h): -

Resistance Levels
Resistance 3$124.3278
Resistance 2$110.60
Resistance 1$106.887
Price$106.52
Support 1$103.05
Support 2$98.8245
Support 3$92.35
Pivot (PP):$103.05
Trend:Uptrend
RSI (14):68.1
AB
Ananda Banerjee
(10:27 AM UTC)
1 min read
JM
Reviewed byJames Mitchell

Solana (SOL) price sits at $84.80 with buying pressure halving and bearish crossovers stacking up as the asset tests a critical floor with no demand walls below.

The combined signals point to a setup where any break of the recent swing low could accelerate quickly, since the on-chain cost basis data shows the next major demand cluster sitting well above current price rather than below it.

So…

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Source

Ananda Banerjee · BeInCrypto

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