DAILY SIGNAL — SOL/USDT
Date: 14 Oct 2026
Chart Time: 23:48 UTC+8
Timeframe: 1m
Intraday Bias: Recovery attempt → resistance retest → neutral-to-bearish risk
📊 Market Bias
SOL is trading around 104.44 following a sharp selloff from the 107.80 area and a subsequent recovery from the 103.50–103.60 support zone.
Price has rebounded inside a short-term ascending channel, but the recovery is facing resistance around 104.40–104.55, where the purple horizontal zone is located.
The latest candles show hesitation near this level. The recovery remains vulnerable unless buyers can reclaim resistance and sustain upward momentum.
🔹 Key Levels From Chart
Reference Price: 104.44
Immediate Resistance Zone: 104.40–104.55
Upper Recovery Resistance: 104.80–105.00
Major Support Zone: 103.50–103.60
Short-Term Structure: Ascending recovery channel
🎯 Fibonacci Levels
Upside Levels
TP1 → 104.86 (1.0 Fib)
TP2 → 105.23 (1.5 Fib)
TP3 → 105.59 (2.0 Fib)
TP4 → 105.96 (2.5 Fib)
TP5 → 106.33 (3.0 Fib)
TP6 → 106.70 (3.5 Fib)
Downside Reference Levels
104.40 → 104.13 → 103.76 → 103.50
The upside levels are chart-based Fibonacci extensions, not guaranteed price targets.
📈 Technical Breakdown
SOL experienced a strong bearish impulse before finding support near 103.50. Buyers subsequently initiated a recovery, forming a short-term ascending channel.
However, price is now testing the former support area around 104.40–104.55, which may act as resistance after the breakdown.

Bullish scenario: A sustained reclaim above 104.55 could open a move toward 104.86 and 105.23, with 105.59 as the next extension.
Bearish scenario: Rejection around 104.40–104.55 followed by a break of the short-term channel could expose 104.13 and 103.76. The major support zone remains 103.50–103.60.
🧠 Quick Insight
“A recovery becomes a reversal only when price reclaims resistance and proves it can hold.”
⚠️ Disclaimer
Always DYOR / DYODD, manage risk responsibly, and avoid emotional trading.
— @nayrbryanGaming
#SOL #SOLUSDT #Crypto #Trading #TechnicalAnalysis