Are you ready for the next move $SOL ?
๐Ÿ“Š Technically: โ€ข Support: $74 โ€ข Resistance: $83 โ€ข A break above $83 may open the way toward $100 โ€ข
Technical analysis โ€“ Solana $SOL
Analysis summary:
The Solana price is trading around $76.20 after bouncing off a strong support zone between $70 and $74. The price is attempting to break the dynamic MA resistance at $83.06, and a breakout above $83 could pave the way toward $100.
Key Levels
๐Ÿ”ด First Support: $74
๐Ÿ”ด Main Support: $70
๐ŸŸข First Resistance: $83
๐ŸŽฏ Main Target: $100
Technical Indicators
RSI (14): 55.29 โ€” in the neutral zone.
MA 50: $74.89 โ€” price is above it.
MA 200: $83.06 โ€” important dynamic resistance.
Overall Trend: Downward temporarily for correction, and directly to push upward.
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