$SOL is sitting at a key decision zone after a sharp pullback. On the 1H chart, price is around $114.87, almost aligned with EMA(7) at $114.90 and EMA(99) at $114.60, showing short-term indecision. EMA(25) at $115.65 is the first important ceiling. A clean reclaim of $115.65 could open a test of $117.89 and then the recent $119.72–$119.99 area. On the downside, $113.00 is the immediate support; losing it could expose $112.76 and lower levels.
RSI(6) is 46.7, near neutral, so momentum is not overheated. Volume has also cooled after the heavy sell-off. Fundamentally, Solana recently posted record network activity, while ETF inflows and ecosystem growth remain notable. For now, $SOL looks like consolidation—watch the $113–$115.65 range for the next decisive move.
#SOL #solana
RSI(6) is 46.7, near neutral, so momentum is not overheated. Volume has also cooled after the heavy sell-off. Fundamentally, Solana recently posted record network activity, while ETF inflows and ecosystem growth remain notable. For now, $SOL looks like consolidation—watch the $113–$115.65 range for the next decisive move.
#SOL #solana
