In this post, we will clarify the most important effective support areas for three major currencies, based on current market movement and direct technical analysis.
BTC
The current price is around 115 thousand
The strongest support area currently is between 110 thousand and 112 thousand
The price has bounced from this area multiple times, and there is a large concentration of trading volume
If it breaks, the next support will be at 108 thousand, which is an important historical level
ETH
The current price is around 4270
The effective support area is at 4200, which is a previous bounce point and a clear liquidity center
If the price breaks this level, it may drop towards 3950, which is considered a strong demand area
A bounce from 4200 with a confirming candle may provide an excellent entry opportunity
SOL
The current price is around 180
The immediate support area is at 178, which is the short-term moving average line
If it breaks, the next support will be at 171, which the price has bounced from previously
The market is currently testing this area, and if it holds
It may rise again towards 186
