$SOL
$SOL has suffered a pullback, marking a low at $98.33 after losing the upper range of $107.48. It is currently trying to recover the key zone at $100.
🔹 Critical Support: $98.33 (24h Low) | $97.80
🔹 Immediate Resistance: $101.90 | $103.90
🔹 StochRSI (30m): In overbought zone (>95)
Technical Outlook:
The current rebound shows short-term exhaustion according to the StochRSI on 30m. As long as it fails to close candles with volume above $101.90, the structure remains favorable for retests of the support zone.
Bullish Scenario: A breakout and consolidation above $101.90 would open the way to $103.90.
Bearish Scenario: Losing the $98.33 level would leave room to seek liquidity at lower levels.
💡 Strategy: Wait for volume confirmation before looking for long entries, or evaluate rejections near resistance.
#Solana #Crypto #Trading #Binance #TechnicalAnalysis
$SOL has suffered a pullback, marking a low at $98.33 after losing the upper range of $107.48. It is currently trying to recover the key zone at $100.
🔹 Critical Support: $98.33 (24h Low) | $97.80
🔹 Immediate Resistance: $101.90 | $103.90
🔹 StochRSI (30m): In overbought zone (>95)
Technical Outlook:
The current rebound shows short-term exhaustion according to the StochRSI on 30m. As long as it fails to close candles with volume above $101.90, the structure remains favorable for retests of the support zone.
Bullish Scenario: A breakout and consolidation above $101.90 would open the way to $103.90.
Bearish Scenario: Losing the $98.33 level would leave room to seek liquidity at lower levels.
💡 Strategy: Wait for volume confirmation before looking for long entries, or evaluate rejections near resistance.
#Solana #Crypto #Trading #Binance #TechnicalAnalysis