Good morning, and wishing you abundant prosperity, my lovely followers! ✨ An exciting weekend is here, so let’s seize the quick speculative morning opportunities in the market.
Urgent, real-time technical update on the sizzling $SOL ! 📊 The coin is currently trading at $109.22, down 0.43%, following a swift wave of selling pressure. Here are the key support and resistance levels based on the current 15-minute chart:
📉 Nearby support levels:
• First and strongest support: $108.87 (the lowest daily low recorded by the most recent bearish candle).
• Critical support: $108.60 (the next target if selling pressure continues).
🚀 Resistance levels and rebound targets:
• First resistance: $109.56 (the nearby MA7 exponential moving average).
• Second resistance: $109.91 (the MA25 moving average, needed to regain short-term positive momentum).
• Key resistance: $110.11 (the previous minor peak before the decline).
💡 The indicators show that $SOL is testing a critical low right now. The current rebound with a green candle offers traders some hope if buyers manage to break above $109.50. Share your views and predictions in the poll below! 👇
Which way will SOL move next after touching the $108.87 low?
🟩 A quick upward rebound toward $109.80
🟥 A break below the current low, followed by a continued drop toward $108.50.
#SOL #CryptoTrading #Altcoins #BinanceSquare
Urgent, real-time technical update on the sizzling $SOL ! 📊 The coin is currently trading at $109.22, down 0.43%, following a swift wave of selling pressure. Here are the key support and resistance levels based on the current 15-minute chart:
📉 Nearby support levels:
• First and strongest support: $108.87 (the lowest daily low recorded by the most recent bearish candle).
• Critical support: $108.60 (the next target if selling pressure continues).
🚀 Resistance levels and rebound targets:
• First resistance: $109.56 (the nearby MA7 exponential moving average).
• Second resistance: $109.91 (the MA25 moving average, needed to regain short-term positive momentum).
• Key resistance: $110.11 (the previous minor peak before the decline).
💡 The indicators show that $SOL is testing a critical low right now. The current rebound with a green candle offers traders some hope if buyers manage to break above $109.50. Share your views and predictions in the poll below! 👇
Which way will SOL move next after touching the $108.87 low?
🟩 A quick upward rebound toward $109.80
🟥 A break below the current low, followed by a continued drop toward $108.50.
#SOL #CryptoTrading #Altcoins #BinanceSquare