$SOL /USDT — 1D Analysis

Current Price: $109.31
24H: 🟢 +13.10%
24H High: $109.62
24H Low: $96.30

Trend: Very Strong Bullish

SOL has made a strong breakout from the previous $104–105 area and is now trading near $109.62, its current 24H high.

EMA 7: $98.53
EMA 25: $86.57
EMA 99: $81.04

Price is significantly above all three EMAs → strong bullish structure.

RSI: 91.03 → extremely overbought.

The latest daily candle is very strong, showing aggressive buying.

Important Levels

Resistance

🔴 $109.60–110 — immediate resistance
🎯 $111.40 — next resistance
🚀 $115 — next psychological target
🚀 $120 — major upside target

Support:

🟢 $103.50–104 — first support
🟢 $98.50 — EMA 7 / stronger support
🟢 $95.75 — important previous support
🟢 $87 — major support

My View:

Bullish momentum is extremely strong, but RSI 91 means SOL is now heavily overbought. A temporary pullback or consolidation would be completely normal after this kind of move.

If SOL breaks and holds above $110 → $115 → $120 becomes the next potential path.

If it drops below $103.50, short-term momentum could weaken and a deeper retracement toward $98.50 becomes possible.

Overall: 🟢 STRONG BUYING MOMENTUM — but don't chase blindly at $109–110. A breakout confirmation or pullback entry offers better risk/reward.

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