$SOL/USDT — Current Market Update 📊
$SOL is trading around $119.39, down approximately 3.75% on the day. The daily chart shows a pullback after the recent high near $124.95.
Key levels:
🔹 Current: $119.39
🟢 Support: $117.50–$116.00
🟢 Stronger support: $106.50
🔴 Resistance: $124.00–$125.00
🔴 Breakout area: Above $125
The Supertrend remains positive around $106.55, so the broader daily structure is still bullish, while the current move shows short-term profit-taking.
Watch $116 closely: holding this zone could support another attempt toward $124–125. A decisive break below it could bring deeper correction.
#SOL #Solana #SOLUSDT #Crypto #BinanceSquare #Altcoins #Trading
$SOL is trading around $119.39, down approximately 3.75% on the day. The daily chart shows a pullback after the recent high near $124.95.
Key levels:
🔹 Current: $119.39
🟢 Support: $117.50–$116.00
🟢 Stronger support: $106.50
🔴 Resistance: $124.00–$125.00
🔴 Breakout area: Above $125
The Supertrend remains positive around $106.55, so the broader daily structure is still bullish, while the current move shows short-term profit-taking.
Watch $116 closely: holding this zone could support another attempt toward $124–125. A decisive break below it could bring deeper correction.
#SOL #Solana #SOLUSDT #Crypto #BinanceSquare #Altcoins #Trading
