$SOL /USDT 1M Market Analysis
SOL/USDT is showing a strong recovery from the $60.13 low and is currently trading around $120.61, above the $107.21 AVL level. StochRSI is turning upward, indicating improving momentum.
★Support: $100–107
★ Resistance: $122–125, then $150–152
★ Major Resistance: $200–204 and $255–256
★ Key Low: $60.13
★ Previous High: $295.83
The short- to mid-term structure looks bullish, but SOL remains well below its previous high. A confirmed breakout above $122–125 with strong volume could indicate further upside potential.
Overall: Long-term downtrend + recent bullish recovery. Confirmation from volume and higher timeframes is important before considering an entry.
#sol #bitcoin #crypto #Binance
SOL/USDT is showing a strong recovery from the $60.13 low and is currently trading around $120.61, above the $107.21 AVL level. StochRSI is turning upward, indicating improving momentum.
★Support: $100–107
★ Resistance: $122–125, then $150–152
★ Major Resistance: $200–204 and $255–256
★ Key Low: $60.13
★ Previous High: $295.83
The short- to mid-term structure looks bullish, but SOL remains well below its previous high. A confirmed breakout above $122–125 with strong volume could indicate further upside potential.
Overall: Long-term downtrend + recent bullish recovery. Confirmation from volume and higher timeframes is important before considering an entry.
#sol #bitcoin #crypto #Binance
