$SOL
📊 SOL/USDT Analysis: Strong rebound from the lows and moves to regain the upward momentum!
🌟 SOL (Solana) is currently trading at $119.69, down 3.67% on the day—following a corrective move that strongly rebounded from the key pivot low at $117.58 up to the daily high at $124.29. Trading liquidity has increased over the past 24 hours, with volumes reaching 2.51M SOL and a total value of $303.60M USDT.
📌 Technically, the chart shows a positive rebound and the formation of a strong bullish candle that has grabbed the price above the MA(7) moving average at $118.54.
📌 The price is currently testing the MA(99) level at $119.98 as an immediate resistance zone, followed by MA(25) at $120.81. Holding above $118.5
📊 SOL/USDT Analysis: Strong rebound from the lows and moves to regain the upward momentum!4$ enhances the chances of continuing the rebound to regain the upward path.
✨ Entry, exit zones, and targets:
Entry zones (retest): $117.58 - $118.54
Current price: $119.69
🎯 First target (first exit zone): $120.81
🎯 Second target (second exit zone): $122.45
🎯 Third target (third exit zone): $124.29
🌟 Stop-loss level (risk management): closing below $117.58
📌 To sustain this rebound momentum, a clear close above the resistance at $119.98 is required to move toward higher levels.
#SOL #QNTFallsOver40%FromMorningHigh #Write2Earn! #KospiFalls2.7%SamsungSKHynixDropOver5% #cryptotrading $SOL
📊 SOL/USDT Analysis: Strong rebound from the lows and moves to regain the upward momentum!
🌟 SOL (Solana) is currently trading at $119.69, down 3.67% on the day—following a corrective move that strongly rebounded from the key pivot low at $117.58 up to the daily high at $124.29. Trading liquidity has increased over the past 24 hours, with volumes reaching 2.51M SOL and a total value of $303.60M USDT.
📌 Technically, the chart shows a positive rebound and the formation of a strong bullish candle that has grabbed the price above the MA(7) moving average at $118.54.
📌 The price is currently testing the MA(99) level at $119.98 as an immediate resistance zone, followed by MA(25) at $120.81. Holding above $118.5
📊 SOL/USDT Analysis: Strong rebound from the lows and moves to regain the upward momentum!4$ enhances the chances of continuing the rebound to regain the upward path.
✨ Entry, exit zones, and targets:
Entry zones (retest): $117.58 - $118.54
Current price: $119.69
🎯 First target (first exit zone): $120.81
🎯 Second target (second exit zone): $122.45
🎯 Third target (third exit zone): $124.29
🌟 Stop-loss level (risk management): closing below $117.58
📌 To sustain this rebound momentum, a clear close above the resistance at $119.98 is required to move toward higher levels.
#SOL #QNTFallsOver40%FromMorningHigh #Write2Earn! #KospiFalls2.7%SamsungSKHynixDropOver5% #cryptotrading $SOL
