*$SOL / USDT - Technical analysis for the current week 📊*
*Overview:*
Solana is currently trading near the *$115 - $122* levels after a strong rebound from the September low at 95. The price is currently above the moving averages EMA 20 / 50 / 200 on the daily timeframe, indicating the continuation of the bullish structure in the short term. c736
*Key Levels:*
🔴 Main resistance: $122.25 - $122.94 (90-day high)
🟡 Secondary resistance: $120
🟢 Near support: $107.40 - $108
🟢 Strong support (Order Block): $94.5 - $96.3
⚫ Far support: $95.79 c736
*Scenarios:*
*1- Bullish scenario:*
A daily close above $122.25 could open the door to testing new levels, with an initial target around $130 based on the ascending channel structure. 7017
*2- Bearish scenario:*
Failure to hold above $107.40 may push the price to test the main demand zone around $95.79 - $100. c736
*Indicators:*
Daily RSI is at 68-69, close to overbought territory, with a daily ATR of about $5.5 (4.5% volatility), so risk management is essential. c736
What do you think about SOL’s move this week? Are we seeing a real breakout above $122, or a return to accumulation?
#SOL #Solana #SOLUSDT #CryptoAnalysis #Binance
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*Important disclaimer:* This post is for educational purposes and sharing technical analysis only, not investment or financial advice. The crypto market is volatile and high-risk. Do your own research (DYOR) before making any decision.
Do you want me to add a ready-made chart image for the post?
*Overview:*
Solana is currently trading near the *$115 - $122* levels after a strong rebound from the September low at 95. The price is currently above the moving averages EMA 20 / 50 / 200 on the daily timeframe, indicating the continuation of the bullish structure in the short term. c736
*Key Levels:*
🔴 Main resistance: $122.25 - $122.94 (90-day high)
🟡 Secondary resistance: $120
🟢 Near support: $107.40 - $108
🟢 Strong support (Order Block): $94.5 - $96.3
⚫ Far support: $95.79 c736
*Scenarios:*
*1- Bullish scenario:*
A daily close above $122.25 could open the door to testing new levels, with an initial target around $130 based on the ascending channel structure. 7017
*2- Bearish scenario:*
Failure to hold above $107.40 may push the price to test the main demand zone around $95.79 - $100. c736
*Indicators:*
Daily RSI is at 68-69, close to overbought territory, with a daily ATR of about $5.5 (4.5% volatility), so risk management is essential. c736
What do you think about SOL’s move this week? Are we seeing a real breakout above $122, or a return to accumulation?
#SOL #Solana #SOLUSDT #CryptoAnalysis #Binance
---
*Important disclaimer:* This post is for educational purposes and sharing technical analysis only, not investment or financial advice. The crypto market is volatile and high-risk. Do your own research (DYOR) before making any decision.
Do you want me to add a ready-made chart image for the post?