Solana (SOL) technical analysis:
Trade setup: Price was rejected at a stiff resistance zone ($25-30) and got very overbought (RSI > 80). Now it’s consolidating in a Falling Wedge pattern. We wait for a breakout, ideally back above 200-day moving average (~$21) to signal bullish trend reversal with upside potential to $25-30 resistance zone.
Trend: Downtrend on Medium-Term basis and Neutral on Short- and Long-Term basis.
Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI ~ 50 (Neutral).
Support and Resistance: Nearest Support Zone is $12. The nearest Resistance Zone is $20 (previous support), then $25 – $30, and $38.
Trade setup: Price was rejected at a stiff resistance zone ($25-30) and got very overbought (RSI > 80). Now it’s consolidating in a Falling Wedge pattern. We wait for a breakout, ideally back above 200-day moving average (~$21) to signal bullish trend reversal with upside potential to $25-30 resistance zone.
Trend: Downtrend on Medium-Term basis and Neutral on Short- and Long-Term basis.
Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI ~ 50 (Neutral).
Support and Resistance: Nearest Support Zone is $12. The nearest Resistance Zone is $20 (previous support), then $25 – $30, and $38.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.