SOL/USDT 1D Chart Review

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SOL/USDT 1D Chart ReviewSOL / TetherUSBINANCE:SOLUSDTcryptodailyukπŸ” What's going on here? πŸ“¦ 1. Range (most important) You have a very clear range: πŸ”΄ Support: ~77.6 ⚫ Mid-range: ~88–89 🟒 Resistance: ~90.3 – 98.5 The price has been bouncing between these levels for a while now. πŸ‘‰ Now we're closer to the middle of the range β†’ slightly below it meaning: no long or short advantage πŸ“‰ 2. Current situation (here and now) Price ~83 Rejection from around 88–89 (mid resistance) A lower high is forming (bearish signal) πŸ‘‰ This suggests: short-term downside advantage πŸ“Š 3. Indicators Stoch RSI: Down from overbought Momentum is falling πŸ‘‰ Bearish short-term MACD: Histogram weakening Lines are flattening πŸ‘‰ Lack of trend strength = continued consolidation ⚠️ Key scenarios πŸŸ₯ Scenario 1 β€” decline (more likely now) If we lose: 82–83 πŸ‘‰ Target: 80 77.6 (Main Support) 🟩 Scenario 2 β€” Rebound If it defends: 82 πŸ‘‰ Possible comeback: 85 β†’ 88 BUT: Until it breaks 90+, it's just a range. πŸš€ Scenario 3 β€” Breakout (Game Change) Only after the breakout: πŸ”Ό Above 90.3 β†’ Long trend πŸ”½ Below 77.6 β†’ Strong dump