📢 Technical analysis for currency $SOL – Daily frame
📍 Current price: around 190.4 USDT
🔸 Currency $SOL is trying to bounce from Fibonacci support at 182.8, and the price is currently very close to the 200 moving average at 186 which forms a key support.
🔹 The 20 and 50 moving averages are about to cross in a negative crossover (Death Cross) which might temporarily pressure the price.
🔸 The RSI indicator is still in the neutral zone with a slight downtrend.
🔹 The main resistance currently is at 217.8, followed by 242.6 and 274.2 as extended Fibonacci levels.
📌 Gradual buying areas (DCA):
– First area: 190 – 182
– Second area: 172 – 158
– Third area: 147 – 130
🎯 Potential targets in case of a rebound:
217 ➡️ 242 ➡️ 260 ➡️ 274
🔻 In case of breaking 158 with a daily close:
We might see a visit to the areas 147 – 130
⚡️ Breaking 130 cancels the current positive scenario.
#
