$SOL HAVE CHANCES TO GO UP ???
#USMidtermElections #BinanceRestores28FiatWithdrawals
🔴 Bearish signals
SOL is making lower highs and lower lows on the daily chart.
Price is trading below key moving averages.
remains bearish, suggesting downside momentum.
A strong red candle closing below $90.97 could signal continuation toward lower support.
🟢 Potential bullish signals
RSI near 29 indicates oversold conditions, so a relief bounce is possible.
A hammer candle or bullish engulfing pattern near $90–91 could signal buyers stepping in.
A strong candle close above $95.48 would be the first meaningful bullish confirmation.
Bullish scenario
If SOL holds support and buyers reclaim resistance:
Break above $95.48 → bullish confirmation
Next target: $97.80
Further target: $100–104
Bearish scenario
If SOL loses support on a confirmed candle close:
Break below $90.97 → bearish continuation
Next target: $88.36
Further downside zone: $81.50
A bullish reversal needs confirmation from a strong green candle and a reclaim of $95.48. Until then, rallies may face selling pressure.
This is technical analysis, not a guaranteed price prediction or financial advice.
#USMidtermElections #BinanceRestores28FiatWithdrawals
🔴 Bearish signals
SOL is making lower highs and lower lows on the daily chart.
Price is trading below key moving averages.
remains bearish, suggesting downside momentum.
A strong red candle closing below $90.97 could signal continuation toward lower support.
🟢 Potential bullish signals
RSI near 29 indicates oversold conditions, so a relief bounce is possible.
A hammer candle or bullish engulfing pattern near $90–91 could signal buyers stepping in.
A strong candle close above $95.48 would be the first meaningful bullish confirmation.
Bullish scenario
If SOL holds support and buyers reclaim resistance:
Break above $95.48 → bullish confirmation
Next target: $97.80
Further target: $100–104
Bearish scenario
If SOL loses support on a confirmed candle close:
Break below $90.97 → bearish continuation
Next target: $88.36
Further downside zone: $81.50
A bullish reversal needs confirmation from a strong green candle and a reclaim of $95.48. Until then, rallies may face selling pressure.
This is technical analysis, not a guaranteed price prediction or financial advice.
