📊 $SOL
Technical Analysis | 4H Chart 🚀
Solana is currently trading around $111.16 (+0.77%), showing signs of a short-term recovery after a sharp decline to $105.71. Momentum indicators are improving, but price is approaching important resistance levels.
🔹 Key Support Zones
🟢 $108–$110 — Immediate support and potential long-entry zone
🟢 $104–$106 — Stronger support zone
🔵 $102 — Potential downside liquidity area
🔴 Key Resistance Zones
⚠️ $114–$116 — First major resistance and potential short-entry zone
⚠️ $118–$120 — Secondary resistance
🚨 $124.5–$126 — Major resistance and sell-side liquidity zone
📈 LONG Setup
Entry: $108–$110 after bullish confirmation
🎯 TP1: $114 | TP2: $118
🛑 Stop-loss: Below $105.7
📉 SHORT Setup
Entry: $114–$116 after bearish rejection
🎯 TP1: $108 | TP2: $104
🛑 Stop-loss: Above $120
📌 Market Outlook: MACD momentum is improving, while RSI near 58 suggests strengthening buying pressure. However, SOL must overcome resistance to confirm a stronger bullish move.
⚠️ Wait for candle confirmation, manage risk, and avoid chasing price. These levels are scenario-based, not guaranteed signals.
$SOL #Solana #cryptotrading #VJAnalysis #BTC #Altcoins #TradingStrategy #CryptoSignals
NFA — Not Financial Advice. Trade responsibly.
Technical Analysis | 4H Chart 🚀
Solana is currently trading around $111.16 (+0.77%), showing signs of a short-term recovery after a sharp decline to $105.71. Momentum indicators are improving, but price is approaching important resistance levels.
🔹 Key Support Zones
🟢 $108–$110 — Immediate support and potential long-entry zone
🟢 $104–$106 — Stronger support zone
🔵 $102 — Potential downside liquidity area
🔴 Key Resistance Zones
⚠️ $114–$116 — First major resistance and potential short-entry zone
⚠️ $118–$120 — Secondary resistance
🚨 $124.5–$126 — Major resistance and sell-side liquidity zone
📈 LONG Setup
Entry: $108–$110 after bullish confirmation
🎯 TP1: $114 | TP2: $118
🛑 Stop-loss: Below $105.7
📉 SHORT Setup
Entry: $114–$116 after bearish rejection
🎯 TP1: $108 | TP2: $104
🛑 Stop-loss: Above $120
📌 Market Outlook: MACD momentum is improving, while RSI near 58 suggests strengthening buying pressure. However, SOL must overcome resistance to confirm a stronger bullish move.
⚠️ Wait for candle confirmation, manage risk, and avoid chasing price. These levels are scenario-based, not guaranteed signals.
$SOL #Solana #cryptotrading #VJAnalysis #BTC #Altcoins #TradingStrategy #CryptoSignals
NFA — Not Financial Advice. Trade responsibly.