#SOL 🚨 SOLANA ($SOL) LOSING STRENGTH: CORRECTION OR NEW DROP? 📉
💰 Current price: $106.65
🔴 Change: -1.26%
📈 24-hour high: $108.25
📉 24-hour low: $105.01
🔎 Technical analysis | 15-minute chart
Solana pulls back after reaching $107.77 and shows selling pressure. The price is below the MA(7) and MA(25) moving averages, while trying to stay above the MA(99), located near $106.46.
🎯 Key levels to watch:
- 🟢 Support: $106.45–$106.30.
- 🔻 Critical support: $105.83–$105.63.
- 🚀 Resistance: $106.82–$107.00.
- 🎯 Next bullish target: $107.37–$107.77, if momentum returns.
📊 What could happen?
🔴 If it loses $106.30, SOL could head for $105.83 or even $105.63.
🟢 If it reclaims $106.82 with volume, it could attempt a rebound toward $107.00 and higher levels.
⚠️ My view: In the short term, SOL is showing weakness and selling volume has increased. It is best to wait for confirmation before opening a trade; these levels correspond to the shared chart and can change quickly.
🔥 Do you think SOL will recover $108 or fall toward $105? Let me know in the comments! 👇
$BTC
$BNB
💰 Current price: $106.65
🔴 Change: -1.26%
📈 24-hour high: $108.25
📉 24-hour low: $105.01
🔎 Technical analysis | 15-minute chart
Solana pulls back after reaching $107.77 and shows selling pressure. The price is below the MA(7) and MA(25) moving averages, while trying to stay above the MA(99), located near $106.46.
🎯 Key levels to watch:
- 🟢 Support: $106.45–$106.30.
- 🔻 Critical support: $105.83–$105.63.
- 🚀 Resistance: $106.82–$107.00.
- 🎯 Next bullish target: $107.37–$107.77, if momentum returns.
📊 What could happen?
🔴 If it loses $106.30, SOL could head for $105.83 or even $105.63.
🟢 If it reclaims $106.82 with volume, it could attempt a rebound toward $107.00 and higher levels.
⚠️ My view: In the short term, SOL is showing weakness and selling volume has increased. It is best to wait for confirmation before opening a trade; these levels correspond to the shared chart and can change quickly.
🔥 Do you think SOL will recover $108 or fall toward $105? Let me know in the comments! 👇
$BTC
$BNB