🔥 SOL Technical Analysis: Bulls Still Have a Chance?
Solana (SOL) is currently trading around the $101–102 zone after pulling back from the recent $107 area.
So, what does the chart tell us? 👇
📊 Key Levels to Watch
🟢 Support: $100–101
If this zone holds, buyers may try to regain control.
🟢 Major Support: $94–95
A deeper pullback toward this area could become an important test for the bullish structure.
🔴 Resistance: $104–107
A strong breakout above $107 with good volume could open the door for another upward move.
📈 Technical Picture
The daily trend remains bullish, with major moving averages still pointing upward. RSI is around 59, while MACD remains bullish. However, Stochastic and MFI are showing overbought conditions, suggesting that short-term volatility or a pullback is possible.
🎯 My Trading View
I would avoid chasing SOL in the middle of the range.
Instead, I would watch for:
➡️ Bullish scenario: SOL holds $100–101 and breaks $104–107 with strong volume.
➡️ Bearish scenario: SOL loses $100 decisively, increasing the possibility of a move toward $94–95.
⚠️ Remember: No level is guaranteed. Always confirm the setup with price action, volume, and your own risk management before entering a trade.
Would you rather BUY SOL near support or wait for a breakout above $107? 👇
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