$SOL Key Support and Resistance
🟢 First support: $107–108 — Near the 50-day EMA and daily trend support.
🟢 Second support: $104–106 — The key area to watch below if $107 fails.
🟢 Strong support: $99–101 — A deeper pullback zone to watch.
🔴 First resistance: $112–114 — The area that needs to be reclaimed for a short-term rebound.
🔴 Second resistance: $116–118 — Former support that has turned into resistance.
🔴 Strong resistance: $121–125 — A level that can only be challenged if the rebound gains further strength.
Go long if $107–108 holds, but make sure a reversal is confirmed.
If $107 breaks and the rebound attempt fails, go short with the trend.
Only consider entering if price reclaims $115 and confirms it on a retest.
The key levels for SOL right now are $107 support and $115 resistance: holding the former is necessary for a rebound, while breaking the latter is needed to improve the short-term structure.
Follow me and join the fan group for ongoing updates and the latest views. #solana
🟢 First support: $107–108 — Near the 50-day EMA and daily trend support.
🟢 Second support: $104–106 — The key area to watch below if $107 fails.
🟢 Strong support: $99–101 — A deeper pullback zone to watch.
🔴 First resistance: $112–114 — The area that needs to be reclaimed for a short-term rebound.
🔴 Second resistance: $116–118 — Former support that has turned into resistance.
🔴 Strong resistance: $121–125 — A level that can only be challenged if the rebound gains further strength.
Go long if $107–108 holds, but make sure a reversal is confirmed.
If $107 breaks and the rebound attempt fails, go short with the trend.
Only consider entering if price reclaims $115 and confirms it on a retest.
The key levels for SOL right now are $107 support and $115 resistance: holding the former is necessary for a rebound, while breaking the latter is needed to improve the short-term structure.
Follow me and join the fan group for ongoing updates and the latest views. #solana