📉 
SOL Loses Key Support | Eyes on $140 & $95 Zones
🕵️♂️ On the daily timeframe, #Solana has officially lost its key support near $140, which previously acted as a strong bounce zone. A failure to reclaim this level could open the gates for a deeper drop toward the $95–$100 support range.
📊 Indicators signal downside:
RSI is trending downward
MACD shows a bearish crossover
Stochastic RSI confirms continued selling pressure
⚠️ Macro pressure adds fuel to the fire: August 1st tariff tensions, with expected news from Trump on charging Paris, are weighing down global risk assets. Historically, August tends to be a bearish month for crypto markets.
🎯 Key Levels to Watch:
Immediate Resistance: $140
Major Support: $95–$100
🧠 Trade wisely and manage risk accordingly.
SOL Loses Key Support | Eyes on $140 & $95 Zones🕵️♂️ On the daily timeframe, #Solana has officially lost its key support near $140, which previously acted as a strong bounce zone. A failure to reclaim this level could open the gates for a deeper drop toward the $95–$100 support range.
📊 Indicators signal downside:
RSI is trending downward
MACD shows a bearish crossover
Stochastic RSI confirms continued selling pressure
⚠️ Macro pressure adds fuel to the fire: August 1st tariff tensions, with expected news from Trump on charging Paris, are weighing down global risk assets. Historically, August tends to be a bearish month for crypto markets.
🎯 Key Levels to Watch:
Immediate Resistance: $140
Major Support: $95–$100
🧠 Trade wisely and manage risk accordingly.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🌹TRADING is a CASINO💔!? NO‼️ You❗️CAN and ❗️SHOULD make money in trading! Join me, I'll guide you to PROFITABLE TRADING💵! 🟢Free Telegram Channel: : telegram.me/crypto_vulture_signals
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.