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Score
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Correct
SOLUSDT
Short Entry 86.3900 2026-05-24 10:51 UTC
Target 85.0000 In 3 Hours Fail 90.0000
Risk/Reward 1 : 0
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Final PnL
1.61%
P/L:
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SOLUSDT
Correct
Cryptocurrency
Technical
1H
Analysis Predict Bear Market
Solana (SOL) is currently trading within a range, with resistance noted at 88-88.50. The asset has shown some upward momentum recently, but the overall market sentiment suggests a potential downturn. Key support levels are identified at 83.50 and 81.50, with a critical support at 78. The failure to hold the 88-88.50 resistance level could lead to a retest of the 83.50 support. Further downside could target 81.50 and potentially 78 if the broader market sentiment turns negative. The current funding rates are positive, but this is not sufficient to overcome the bearish technical outlook. A break above 90 would be required to invalidate the bearish short-term outlook.
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