*๐ฅ๐ SOL/USDT Analysis - Solana at a Turning Point $114 - $120*
*Current Price:* $114.53 on Binance Spot (down 2.69% yesterday)
24h Range: $114.22 - $117.80 2a50
*Technical Situation Now:*
๐ *Short-Term Pressure:*
Price broke below the 7-day average ($118.88), the 20-day average ($118.20), and the EMA12 ($117.88) โ this is a resistance above us now at $116.81 and $119.10
The daily MACD has reached zero โ a bearish cross is forming 2a50
๐ *The Medium-Term Structure is Still Bullish:*
SOL is above the 50-day average ($107.91) and the 200-day average ($86.59)
So the current pullback is healthy within an uptrend 2a50
*Very Important Levels:*
Support 1: *$116 - $119* - first buy zone (if it breaks, we wait for $113 - $110)
Strong Support 2: *$109* - if broken, it could take us to $95
Resistance 1: *$120 - $123*
Resistance 2: *$124.96 - $128* - breaking it with a daily close opens $130 then $148 8684
*Key Comparison:*
A year ago (Oct 6, 2025), SOL was at $233
Today $120 = a 48.5% drop
The $120 zone is considered a very strong psychological and technical support for accumulation. 98cc
*Proposed Plan (not financial advice):*
- For trading: wait for a touch of *$116-$119* with a stop below $116; targets $123 - $125 - $128
- For investing: accumulate in batches between $110-$120 with capital management
- No short entry unless above $128 e4cd
> Risk management is more important than predictions. The daily ATR is about $4.52, meaning high volatility of 3.7% 282a
*What do you think about SOL at $114? A good accumulation opportunity, or is there still a drop to $95?*
Write your target in the comments ๐
#SOL #Solana #Binance #Technical_Analysis
*Current Price:* $114.53 on Binance Spot (down 2.69% yesterday)
24h Range: $114.22 - $117.80 2a50
*Technical Situation Now:*
๐ *Short-Term Pressure:*
Price broke below the 7-day average ($118.88), the 20-day average ($118.20), and the EMA12 ($117.88) โ this is a resistance above us now at $116.81 and $119.10
The daily MACD has reached zero โ a bearish cross is forming 2a50
๐ *The Medium-Term Structure is Still Bullish:*
SOL is above the 50-day average ($107.91) and the 200-day average ($86.59)
So the current pullback is healthy within an uptrend 2a50
*Very Important Levels:*
Support 1: *$116 - $119* - first buy zone (if it breaks, we wait for $113 - $110)
Strong Support 2: *$109* - if broken, it could take us to $95
Resistance 1: *$120 - $123*
Resistance 2: *$124.96 - $128* - breaking it with a daily close opens $130 then $148 8684
*Key Comparison:*
A year ago (Oct 6, 2025), SOL was at $233
Today $120 = a 48.5% drop
The $120 zone is considered a very strong psychological and technical support for accumulation. 98cc
*Proposed Plan (not financial advice):*
- For trading: wait for a touch of *$116-$119* with a stop below $116; targets $123 - $125 - $128
- For investing: accumulate in batches between $110-$120 with capital management
- No short entry unless above $128 e4cd
> Risk management is more important than predictions. The daily ATR is about $4.52, meaning high volatility of 3.7% 282a
*What do you think about SOL at $114? A good accumulation opportunity, or is there still a drop to $95?*
Write your target in the comments ๐
#SOL #Solana #Binance #Technical_Analysis