$SOL Bulls Slowing Down After Intraday Spike❗#Solana climbed to a 24h high of $136.13 but has started pulling back, now trading at $132.89, still up +3.02% on the day. The price action on the 15-minute chart shows increased volatility, with multiple wicks forming near recent highs.
Quick Overview:
• Current Price: $132.89
• 24h High: $136.13
• 24h Low: $125.32
• RSI(6): 40.72 – heading toward the neutral zone
• Stoch RSI: 50.68 – showing signs of cooling
Key Technical Levels:
• Resistance: $134.50 / $136.10
• Support: $131.20 / $129.80
Market Sentiment:
While $SOL is still in the green, short-term indicators are showing weakness. RSI is dipping and price is facing rejections near $133.50. Bulls must reclaim the $134+ zone with strength or risk a slide back toward $130.
Watch Closely:
If $132 breaks, momentum may fade. But a solid bounce near $131 could set the stage for another push toward $136.
Short-term traders should wait for confirmation before entering volatility is likely to continue.
buy and trade here $SOL