$SOL 📊 SOL/USDT — 1H Technical Update
SOL is showing strong bullish momentum, currently trading around $105.57 after gaining approximately 6.09% in 24 hours.
🔹 24H High: $106.12
🔹 Immediate Resistance: $106.12–$106.50
🔹 Support: $104.40
🔹 Stronger Support: $102.70–$103.50
🔹 MA(7): $104.00
🔹 MA(25): $101.70
🔹 Supertrend: $102.71
🔹 RSI(6): 83.86
The 1H structure remains bullish, with price trading above the short- and medium-term moving averages and the Supertrend.
However, RSI at 83.86 indicates very strong momentum and an overheated short-term condition. SOL is also approaching the recent high around $106.12, so consolidation or a pullback is possible if buyers fail to push through this zone.
Key levels to watch:
➡️ Break above $106.12–$106.50
➡️ Hold above $104.40
➡️ Deeper support around $102.70–$103.50
Volume has also increased during the recent upward move, making the $106 area an important level for the next move.
⚠️ Technical analysis only — not financial advice. Trade with proper risk management.
SOL is showing strong bullish momentum, currently trading around $105.57 after gaining approximately 6.09% in 24 hours.
🔹 24H High: $106.12
🔹 Immediate Resistance: $106.12–$106.50
🔹 Support: $104.40
🔹 Stronger Support: $102.70–$103.50
🔹 MA(7): $104.00
🔹 MA(25): $101.70
🔹 Supertrend: $102.71
🔹 RSI(6): 83.86
The 1H structure remains bullish, with price trading above the short- and medium-term moving averages and the Supertrend.
However, RSI at 83.86 indicates very strong momentum and an overheated short-term condition. SOL is also approaching the recent high around $106.12, so consolidation or a pullback is possible if buyers fail to push through this zone.
Key levels to watch:
➡️ Break above $106.12–$106.50
➡️ Hold above $104.40
➡️ Deeper support around $102.70–$103.50
Volume has also increased during the recent upward move, making the $106 area an important level for the next move.
⚠️ Technical analysis only — not financial advice. Trade with proper risk management.
