The current price of SOL is around $110.23. According to the chart, the price has dropped from the $120â$124 zone and is now trading near the important $110.58 level.
đč Key Resistance Levels:
$110.58
$124.44
$133.40
đč Key Support Levels:
$105â$100
$98
$90
đ Bullish Scenario: If the price reclaims the $110.58 level and the daily candle closes above it, SOL could move toward the $115â$120 zone. A breakout above $124.44 would be an important signal for further upside.
đ Bearish Scenario: If the price loses the $110 support level and remains below it, SOL could decline toward the $105â$100 zone.
â ïž Conclusion: SOL is currently trading near a critical price zone. It is better to wait for daily candle confirmation before entering a trade. This analysis is based on the chart and does not guarantee future price movements.
#SOLUSDT #Solana #CryptoAnalysis #TechnicalAnalysis #CryptoTrading
đč Key Resistance Levels:
$110.58
$124.44
$133.40
đč Key Support Levels:
$105â$100
$98
$90
đ Bullish Scenario: If the price reclaims the $110.58 level and the daily candle closes above it, SOL could move toward the $115â$120 zone. A breakout above $124.44 would be an important signal for further upside.
đ Bearish Scenario: If the price loses the $110 support level and remains below it, SOL could decline toward the $105â$100 zone.
â ïž Conclusion: SOL is currently trading near a critical price zone. It is better to wait for daily candle confirmation before entering a trade. This analysis is based on the chart and does not guarantee future price movements.
#SOLUSDT #Solana #CryptoAnalysis #TechnicalAnalysis #CryptoTrading