$SOL — recovery after the spill, we look at the levels
On the 4-hour chart, a clear picture is visible: after falling to the local low of 95.82, the price bounced and is now trading around 118.70, up +1.65% over the day.
What the indicators say:
• MA(7) = 117.96 — the price has held above the fast moving average, a locally bullish signal.
• MA(25) = 114.07 and MA(99) = 105.15 — both are below the current price, meaning the medium-term trend is rebuilding upward.
• Volumes over 24 hours: 330.14 million USDT, which is fairly high activity.
Key levels:
• Resistance: 119.77–121.20. If we hold above it, the way is open toward 125+.
• Support: 115.88, then 114 (the MA25 zone).
An interesting point: over the last 90 days SOL is up 75.32%, even though over the year it’s still down (-45.92%). This suggests the coin is actively recouping losses and is in an accumulation phase.
Personally, I’m watching the reaction at the 119.77 level. A break with volume is a continuation signal. A pullback to 114 is a chance to add.
What do you think—will we break 120, or will we first go for a correction? $SOL #Solana #crypto #анализ
$SOL
On the 4-hour chart, a clear picture is visible: after falling to the local low of 95.82, the price bounced and is now trading around 118.70, up +1.65% over the day.
What the indicators say:
• MA(7) = 117.96 — the price has held above the fast moving average, a locally bullish signal.
• MA(25) = 114.07 and MA(99) = 105.15 — both are below the current price, meaning the medium-term trend is rebuilding upward.
• Volumes over 24 hours: 330.14 million USDT, which is fairly high activity.
Key levels:
• Resistance: 119.77–121.20. If we hold above it, the way is open toward 125+.
• Support: 115.88, then 114 (the MA25 zone).
An interesting point: over the last 90 days SOL is up 75.32%, even though over the year it’s still down (-45.92%). This suggests the coin is actively recouping losses and is in an accumulation phase.
Personally, I’m watching the reaction at the 119.77 level. A break with volume is a continuation signal. A pullback to 114 is a chance to add.
What do you think—will we break 120, or will we first go for a correction? $SOL #Solana #crypto #анализ
$SOL
