$SOL Update: Bulls Defending, Eyes on the Next Move 👀
Solana (SOL) is trading around $105.05, down 1.57% in the last 24 hours. Price touched a 24h high of $107.44 and a low of $102.49, with trading volume of about $164M USDT.
Short-term view (3m chart):
Price bounced strongly from the $104.84
support zone
Supertrend is sitting near $104.86, acting as dynamic support right now
RSI(6) is at 56.47, which is neutral with room to move up before overbought territory
Resistance sits near $105.12 and then the $107 area.
Bigger picture:
• 30 Days: +7.29%
• 90 Days: +39.53%
• 180 Days: +23.34%
7 Days: -4.06% | 1 Year: -44.53%
SOL has shown strong medium-term recovery, but it is still consolidating after the recent pullback. A clean hold above $104.86 could push price back toward $107, while a break below may retest the $102.5 low.
Keep risk management tight and wait for confirmation before entering.
What is your SOL outlook: bullish or bearish? Comment below! 👇
Not financial advice. Always DYOR.
#solana #crypto #BinanceSquare #cryptotrading #TechnicalAnalysis
$BTC
$ETH
Solana (SOL) is trading around $105.05, down 1.57% in the last 24 hours. Price touched a 24h high of $107.44 and a low of $102.49, with trading volume of about $164M USDT.
Short-term view (3m chart):
Price bounced strongly from the $104.84
support zone
Supertrend is sitting near $104.86, acting as dynamic support right now
RSI(6) is at 56.47, which is neutral with room to move up before overbought territory
Resistance sits near $105.12 and then the $107 area.
Bigger picture:
• 30 Days: +7.29%
• 90 Days: +39.53%
• 180 Days: +23.34%
7 Days: -4.06% | 1 Year: -44.53%
SOL has shown strong medium-term recovery, but it is still consolidating after the recent pullback. A clean hold above $104.86 could push price back toward $107, while a break below may retest the $102.5 low.
Keep risk management tight and wait for confirmation before entering.
What is your SOL outlook: bullish or bearish? Comment below! 👇
Not financial advice. Always DYOR.
#solana #crypto #BinanceSquare #cryptotrading #TechnicalAnalysis
$BTC
$ETH