In recent sessions, Solana ($SOL ) narrative on the 4-hour chart has taken a bearish turn. The once-strong uptrend has been disrupted, signaling a change in the market's mood. The #SOL/USDT price, which had been sketching an ascent, is now facing a critical test as it veers away from the comforting trendline that symbolized consistent buyer support.
Red candles have begun to outnumber the green, a visual echo of the #Bears stepping in with conviction. The momentum, which was once filled with bullish energy, seems to have handed the reins over to sellers, pushing the narrative toward a cautious tone.
A significant technical trial awaits at $110+ — a level SOL must reclaim to dispel the current bearish shadows. This isn't just a price point; it's a battleground that could determine the short-term sentiment for $SOL . Pushing past this could revive the bullish spirit, but the climb is steep.
Meanwhile, a potential pit stop at the $100 support looms. As #SOL/USDT hovers around $103, this upcoming interaction might well be decisive. Will this level offer a springboard for recovery, or will it cede ground under pressure?
For the short term, this is what we're watching. It's a tricky spot, but it's not the whole story. Just remember, trading can be a wild ride, and this isn't advice—just what one trader sees right now. Keep a close eye on it!
