DAILY SIGNAL — SOL/USDT
Date: 08 Oct 2026
Timeframe: 1m
Intraday Bias: Supply rejection → bearish continuation watch
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📊 Market Bias
SOL remains inside a broader descending channel after recovering from the lower structure.
Price recently tested the 112.73–113.00 supply zone and was rejected.
After the rejection, SOL dropped toward 112.19 before producing a short-term bounce toward 112.44.
The bounce has not yet reclaimed the major supply zone, keeping the short-term structure cautious-to-bearish.
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🔹 Key Levels From Chart
Current Price:
112.44
Major Supply Zone:
112.73 – 113.00
Key Reclaim:
112.73
Key Breakdown Level:
112.19
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🎯 Fibonacci Levels
Upside:
112.73 → 113.00
Downside:
TP1 → 112.19 (1.0 Fib)
TP2 → 111.92 (1.5 Fib)
TP3 → 111.64 (2.0 Fib)
TP4 → 111.37 (2.5 Fib)
TP5 → 111.10 (3.0 Fib)
TP6 → 110.83 (3.5 Fib)
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📈 Technical Breakdown
SOL is still trading beneath the upper supply zone and inside a descending channel.
The latest rally reached the 112.73 area before sellers stepped in.
That rejection produced a sharp move lower toward 112.19.
Price has since bounced, but the recovery remains below the major resistance zone.
MACD is around the zero area with the short-term lines weakening, while RSI has recovered toward the mid-range.
If 112.19 breaks, the Fibonacci downside sequence becomes the next area to monitor:
111.92 → 111.64 → 111.37 → 111.10 → 110.83
A sustained reclaim above 112.73, followed by a break of 113.00, would invalidate the immediate bearish continuation thesis and shift attention back toward the upper channel.
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🧠 Quick Insight
“Rejection from supply matters more than a temporary bounce below it.”
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⚠️ 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 #Binance #DYOR #NFA #NoFOMO
Date: 08 Oct 2026
Timeframe: 1m
Intraday Bias: Supply rejection → bearish continuation watch
---
📊 Market Bias
SOL remains inside a broader descending channel after recovering from the lower structure.
Price recently tested the 112.73–113.00 supply zone and was rejected.
After the rejection, SOL dropped toward 112.19 before producing a short-term bounce toward 112.44.
The bounce has not yet reclaimed the major supply zone, keeping the short-term structure cautious-to-bearish.
---
🔹 Key Levels From Chart
Current Price:
112.44
Major Supply Zone:
112.73 – 113.00
Key Reclaim:
112.73
Key Breakdown Level:
112.19
---
🎯 Fibonacci Levels
Upside:
112.73 → 113.00
Downside:
TP1 → 112.19 (1.0 Fib)
TP2 → 111.92 (1.5 Fib)
TP3 → 111.64 (2.0 Fib)
TP4 → 111.37 (2.5 Fib)
TP5 → 111.10 (3.0 Fib)
TP6 → 110.83 (3.5 Fib)
---
📈 Technical Breakdown
SOL is still trading beneath the upper supply zone and inside a descending channel.
The latest rally reached the 112.73 area before sellers stepped in.
That rejection produced a sharp move lower toward 112.19.
Price has since bounced, but the recovery remains below the major resistance zone.
MACD is around the zero area with the short-term lines weakening, while RSI has recovered toward the mid-range.
If 112.19 breaks, the Fibonacci downside sequence becomes the next area to monitor:
111.92 → 111.64 → 111.37 → 111.10 → 110.83
A sustained reclaim above 112.73, followed by a break of 113.00, would invalidate the immediate bearish continuation thesis and shift attention back toward the upper channel.
---
🧠 Quick Insight
“Rejection from supply matters more than a temporary bounce below it.”
---
⚠️ 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 #Binance #DYOR #NFA #NoFOMO