$SOL Short Analysis - 9 Oct 2026*
Current price around $113 - $114 after losing $116 support, down 2.7% in 24h.
Upside: If $SOL holds $113 and reclaims $116 with volume, next target is $119 then $122. $122 - $125 is major resistance zone. Break above $125 opens $135.
Downside: Losing $113 exposes $110 support. Daily close below $110 can drag to $106, then $104 zone. $95 is deeper floor if $104 fails, aligned with 20W EMA.
Bias short term is bearish to consolidation. Trading below 7-day and 20-day SMA ($118), MACD histogram at zero signals crossover risk. Network growth is up 124% but price needs close above $116 to turn bullish again.
#CryptoAnalysis #BinanceSquareFamily #SOLUSDT #SenBlumenthalProbesCantorFitzgeraldTetherTies
Current price around $113 - $114 after losing $116 support, down 2.7% in 24h.
Upside: If $SOL holds $113 and reclaims $116 with volume, next target is $119 then $122. $122 - $125 is major resistance zone. Break above $125 opens $135.
Downside: Losing $113 exposes $110 support. Daily close below $110 can drag to $106, then $104 zone. $95 is deeper floor if $104 fails, aligned with 20W EMA.
Bias short term is bearish to consolidation. Trading below 7-day and 20-day SMA ($118), MACD histogram at zero signals crossover risk. Network growth is up 124% but price needs close above $116 to turn bullish again.
#CryptoAnalysis #BinanceSquareFamily #SOLUSDT #SenBlumenthalProbesCantorFitzgeraldTetherTies