âđ„ $SOL/USDT Daily Technical Update đ„
â$SOL is currently trading at $106.14, holding key support above the 7-day Moving Average ($104.71) after pulling back from its recent high of $124.95.
âđ Key Levels to Watch:
âą Immediate Support: $104.70 â $103.65 (24h Low)
âą Major Support: $95.55 (MA 99)
âą Key Resistance: $108.25 (24h High) & $112.85 (MA 25)
âđĄ Market Outlook:
Price is consolidating. A breakout above $108.25 could trigger a move toward $112.80, while losing $103.60 may retest the $95.50 level.
âManage your risk and use strict stop-losses! đđ
â#SOL $#Solana #CryptoTrading #Binance #TechnicalAnalysis
â$SOL is currently trading at $106.14, holding key support above the 7-day Moving Average ($104.71) after pulling back from its recent high of $124.95.
âđ Key Levels to Watch:
âą Immediate Support: $104.70 â $103.65 (24h Low)
âą Major Support: $95.55 (MA 99)
âą Key Resistance: $108.25 (24h High) & $112.85 (MA 25)
âđĄ Market Outlook:
Price is consolidating. A breakout above $108.25 could trigger a move toward $112.80, while losing $103.60 may retest the $95.50 level.
âManage your risk and use strict stop-losses! đđ
â#SOL $#Solana #CryptoTrading #Binance #TechnicalAnalysis