đ $SOL
Technical Analysis | 4H Chart đ
Solana is currently trading around $111.16 (+0.77%), showing signs of a short-term recovery after a sharp decline to $105.71. Momentum indicators are improving, but price is approaching important resistance levels.
đč Key Support Zones
đą $108â$110 â Immediate support and potential long-entry zone
đą $104â$106 â Stronger support zone
đ” $102 â Potential downside liquidity area
đŽ Key Resistance Zones
â ïž $114â$116 â First major resistance and potential short-entry zone
â ïž $118â$120 â Secondary resistance
đš $124.5â$126 â Major resistance and sell-side liquidity zone
đ LONG Setup
Entry: $108â$110 after bullish confirmation
đŻ TP1: $114 | TP2: $118
đ Stop-loss: Below $105.7
đ SHORT Setup
Entry: $114â$116 after bearish rejection
đŻ TP1: $108 | TP2: $104
đ Stop-loss: Above $120
đ Market Outlook: MACD momentum is improving, while RSI near 58 suggests strengthening buying pressure. However, SOL must overcome resistance to confirm a stronger bullish move.
â ïž Wait for candle confirmation, manage risk, and avoid chasing price. These levels are scenario-based, not guaranteed signals.
$SOL #Solana #cryptotrading #VJAnalysis #BTC #Altcoins #TradingStrategy #CryptoSignals
NFA â Not Financial Advice. Trade responsibly.
Technical Analysis | 4H Chart đ
Solana is currently trading around $111.16 (+0.77%), showing signs of a short-term recovery after a sharp decline to $105.71. Momentum indicators are improving, but price is approaching important resistance levels.
đč Key Support Zones
đą $108â$110 â Immediate support and potential long-entry zone
đą $104â$106 â Stronger support zone
đ” $102 â Potential downside liquidity area
đŽ Key Resistance Zones
â ïž $114â$116 â First major resistance and potential short-entry zone
â ïž $118â$120 â Secondary resistance
đš $124.5â$126 â Major resistance and sell-side liquidity zone
đ LONG Setup
Entry: $108â$110 after bullish confirmation
đŻ TP1: $114 | TP2: $118
đ Stop-loss: Below $105.7
đ SHORT Setup
Entry: $114â$116 after bearish rejection
đŻ TP1: $108 | TP2: $104
đ Stop-loss: Above $120
đ Market Outlook: MACD momentum is improving, while RSI near 58 suggests strengthening buying pressure. However, SOL must overcome resistance to confirm a stronger bullish move.
â ïž Wait for candle confirmation, manage risk, and avoid chasing price. These levels are scenario-based, not guaranteed signals.
$SOL #Solana #cryptotrading #VJAnalysis #BTC #Altcoins #TradingStrategy #CryptoSignals
NFA â Not Financial Advice. Trade responsibly.