DAILY SIGNAL — SOL/USDT
Date: 03 Nov 2026
Chart Time: 04:03 UTC+8
Timeframe: 1m
Intraday Bias: Bullish recovery → potential continuation
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šŸ“Š Market Bias
SOL is showing a strong short-term recovery after an extended intraday decline.
Price rebounded from the 90.90 Fibonacci extension and recovered above the 91.26 baseline, currently trading around 91.84.
The recovery is supported by improving momentum, with buyers pushing price toward the important 91.96 resistance level.
However, confirmation of further bullish continuation requires a sustained breakout above this resistance.
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šŸ”¹ Key Levels From Chart
Current Price:
91.84
Immediate Support:
91.61
Key Support:
91.26
Major Invalidation:
90.90
Key Resistance / Reclaim:
91.96
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šŸŽÆ Fibonacci Levels
Upside:
TP1 → 91.96 (1.0 Fib)
TP2 → 92.31 (1.5 Fib)
TP3 → 92.66 (2.0 Fib)
TP4 → 93.01 (2.5 Fib)
TP5 → 93.36 (3.0 Fib)
TP6 → 93.71 (3.5 Fib)
Downside:
91.61 → 91.26 → 90.90
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šŸ“ˆ Technical Breakdown
SOL experienced a prolonged decline before finding support around the 90.90 extension.
A strong recovery followed, producing consecutive bullish candles and pushing price toward the 91.96 Fibonacci level.
MACD is showing positive momentum, with the MACD line above the signal line and a positive histogram.
RSI is approximately 64.56, while its moving average is around 56.19, indicating improving bullish momentum.
Nevertheless, price is approaching resistance, and a rejection could trigger a temporary pullback.
A sustained breakout above 91.96 could expose the next Fibonacci targets:
92.31 → 92.66 → 93.01.
Failure to maintain 91.61 could bring 91.26 back into focus, followed by 90.90.
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🧠 Quick Insight
"Momentum creates opportunity, but confirmation determines the quality of an entry."
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āš ļø Disclaimer
This is personal market analysis, not financial advice.
This chart framework is for educational purposes only.
Always DYOR / DYODD, manage risk properly, and avoid emotional trading.
— @nayrbryanGaming
#SOL #SOLUSDT #Crypto #Trading #TechnicalAnalysis #PriceAction #Fibonacci