SOL/USDT – Daily Chart Update 📊
$SOL is trading around $121.9, consolidating after a sharp pullback from the $146–147 zone. Price recently bounced from the $116.8 support, but momentum is still weak.
Key levels to watch:
Support: $116 – $115 (critical demand zone)
Resistance: $128 – $135 (previous breakdown area)
Major resistance: $145+
Indicators:
Price is below short-term MAs, showing cautious sentiment
Volume remains muted → no strong conviction yet
MACD is flat near the zero line, hinting at potential stabilization but no clear reversal
Bias:
➡️ Neutral to bearish until SOL reclaims $128+ with volume
➡️ A clean break below $116 could open downside risk
➡️ A hold above support + volume expansion may signal a relief bounce
SOL
122.82
+0.28%