🚹 SOLANA (SOL) TECHNICAL UPDATE — AUGUST 25, 2026 đŸ“ŠđŸ‘‡đŸ‘‡đŸ’„

SOL is showing strong bullish momentum after breaking above the $78–$79 resistance zone. Price has now pushed into the $100–$102 area, with buyers maintaining strong control.

📈 TECHNICAL INDICATORS:
‱ RSI (14): ~87 → Extremely Overbought ⚠
‱ MACD: Bullish momentum remains positive
‱ EMA20: ~$84–$85
‱ EMA50: ~$80
‱ Price is trading well above key moving averages
‱ Volume and momentum have expanded strongly

đŸ”„ KEY RESISTANCE:
$102–$107 → Major breakout zone

A confirmed daily close above $107 could open the way toward the next major resistance around $115–$119.

đŸ›Ąïž KEY SUPPORT:
$98–$99 → First short-term support
$92–$97 → Important breakout/retest zone
$84–$85 → EMA20 support area
$79 → Major previous breakout level

⚠ IMPORTANT:đŸ’„đŸ™
Although the trend is strongly bullish, RSI is extremely overbought. This means a healthy pullback or sideways consolidation is possible before another move higher.

📌 BULLISH SCENARIO:👇
A strong breakout and daily close above $107 could confirm continuation of the uptrend.

📌 BEARISH/COOLING SCENARIO:👇
Failure around $102–$107 followed by a break below $98 could trigger a deeper correction toward $92–$97.

🎯 My view:
The trend remains bullish, but chasing the price at extreme RSI levels carries higher risk. Confirmation, volume and proper risk management are more important than FOMO.

DYOR ‱ Trade Smart ‱ Manage Risk

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