DAILY SIGNAL — SOL/USDT
Date: 13 Oct 2026
Chart Time: 23:36 UTC+8
Timeframe: 1m
Intraday Bias: Bearish pressure → support breakdown risk
📊 Market Bias
SOL is trading around 107.27, showing persistent selling pressure beneath a descending resistance trendline.
Price has repeatedly struggled around the 107.40–107.55 resistance zone and is now testing the lower boundary of the marked structure. The latest candle has slipped below the nearby support area, suggesting downside continuation is possible if the breakdown holds.
However, confirmation from a sustained move below support is still important.
🔹 Key Levels From Chart
Reference Price: 107.27
Resistance Zone: 107.40–107.55
Descending Trendline Resistance: Approximately 107.65–107.80
Immediate Support / Breakdown Area: 107.27–107.35
Fibonacci Reference: 107.12
🎯 Fibonacci Levels
Downside Targets
TP1 → 107.12 (1.0 Fib)
TP2 → 106.88 (1.5 Fib)
TP3 → 106.65 (2.0 Fib)
TP4 → 106.41 (2.5 Fib)
TP5 → 106.17 (3.0 Fib)
TP6 → 105.93 (3.5 Fib)
Bullish Recovery Levels
107.40 → 107.55 → 107.75
📉 Technical Breakdown
SOL has formed lower highs beneath a descending trendline, indicating that sellers remain active near resistance.
The purple zone around 107.40–107.55 has acted as an important structural area. Price is now slipping beneath it, placing the 107.12 Fibonacci level in focus.
MACD remains below zero, with the histogram showing negative momentum. RSI is approximately 38.13, below its signal average of 46.17, supporting the short-term bearish bias.
Bearish scenario: A sustained break below 107.27 and then 107.12 could expose 106.88, 106.65, and lower Fibonacci extensions.
Recovery scenario: A reclaim of 107.40–107.55 could reduce immediate bearish pressure and bring the descending trendline back into focus.
🧠 Quick Insight
“When support breaks, confirmation matters more than prediction.”
⚠️ Disclaimer
DYOR / DYODD, and manage risk responsibly.
— @nayrbryanGaming
#SOL #SOLUSDT #Crypto #Trading #TechnicalAnalysis #PriceAction #Fibonacci #Binance #MACD #RSI #DYOR #NFA
Date: 13 Oct 2026
Chart Time: 23:36 UTC+8
Timeframe: 1m
Intraday Bias: Bearish pressure → support breakdown risk
📊 Market Bias
SOL is trading around 107.27, showing persistent selling pressure beneath a descending resistance trendline.
Price has repeatedly struggled around the 107.40–107.55 resistance zone and is now testing the lower boundary of the marked structure. The latest candle has slipped below the nearby support area, suggesting downside continuation is possible if the breakdown holds.
However, confirmation from a sustained move below support is still important.
🔹 Key Levels From Chart
Reference Price: 107.27
Resistance Zone: 107.40–107.55
Descending Trendline Resistance: Approximately 107.65–107.80
Immediate Support / Breakdown Area: 107.27–107.35
Fibonacci Reference: 107.12
🎯 Fibonacci Levels
Downside Targets
TP1 → 107.12 (1.0 Fib)
TP2 → 106.88 (1.5 Fib)
TP3 → 106.65 (2.0 Fib)
TP4 → 106.41 (2.5 Fib)
TP5 → 106.17 (3.0 Fib)
TP6 → 105.93 (3.5 Fib)
Bullish Recovery Levels
107.40 → 107.55 → 107.75
📉 Technical Breakdown
SOL has formed lower highs beneath a descending trendline, indicating that sellers remain active near resistance.
The purple zone around 107.40–107.55 has acted as an important structural area. Price is now slipping beneath it, placing the 107.12 Fibonacci level in focus.
MACD remains below zero, with the histogram showing negative momentum. RSI is approximately 38.13, below its signal average of 46.17, supporting the short-term bearish bias.
Bearish scenario: A sustained break below 107.27 and then 107.12 could expose 106.88, 106.65, and lower Fibonacci extensions.
Recovery scenario: A reclaim of 107.40–107.55 could reduce immediate bearish pressure and bring the descending trendline back into focus.
🧠 Quick Insight
“When support breaks, confirmation matters more than prediction.”
⚠️ Disclaimer
DYOR / DYODD, and manage risk responsibly.
— @nayrbryanGaming
#SOL #SOLUSDT #Crypto #Trading #TechnicalAnalysis #PriceAction #Fibonacci #Binance #MACD #RSI #DYOR #NFA