SOLUSDT - Bears increased pressure after retesting resistance
SOLUSDT bounces off trend resistance and updates its local minimum to 122.4. A bearish phase is developing in the market, and a small correction is possible before the fall.The daily timeframe indicates a crypto winter, a downtrend, and weak buying power due to capital outflows and a weak fundamental background.
Bitcoin is testing 90K and has once again been rejected by the resistance zone. Liquidation and a fall to the intermediate support zone have formed. Altcoins reacted aggressively to this impulse.
Resistance levels: 126.6, 130.5
Support levels: 123.0
SOLANA has two key levels: 123.0, closing below which could trigger a sell-off and a drop to 116.7. And resistance at 126.6, which acts as a zone of interest. It is possible that altcoins may test resistance in search of liquidity.
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