Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

🔥 Solana ( $SOL ) jumps higher but underlying fragility remains — sentiment stays cautious and structural pressure continues to shape the trend



Market Overview
$SOL Price: $141.44
Change (24h): +1.81%
Range: $126.75 – $141.44
Volume (24h): $5.8B SOL
Context: Strong intraday climb occurring within a broader weakening structure and uncertain market conviction.

Key Updates

1️⃣ Analysts Flag Weakening Fundamentals
Experts point to slowing ecosystem flows, reduced liquidity rotation, and inconsistent demand strength across major networks.

2️⃣ 1.81% Intraday Rise Driven by Short-Term Flows
Despite the upward move, analysts note this appears momentum-driven rather than a structural shift in market strength.

3️⃣ Order Flow Signals Mixed Conviction
Short-term buyers stepped in, but mid- and long-horizon participants remain cautious — keeping broader sentiment muted.

Technical Lens
Support: $136.20
Resistance: $148.90

Price is pressing toward resistance but remains under major trend-reversal levels

Momentum indicators reflect temporary strength

Overall structure continues to show downward pressure dominating.

Signal
Based on comprehensive expert assessments, $SOL remains in a Sell-zone, backed by weakening fundamentals, uncertain sentiment, and elevated downside risk despite near-term upside movement.

Takeaway
$SOL latest push upward has not changed the broader trend.
A confirmed trend recovery requires a breakout above $148.90 — until then, structural pressure remains the controlling force.

@EdgenTech
SOL0.57%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)