*📉 $SOL Losing Steam After Rejection from $136.13 🔄*
$SOL has pulled back from its recent peak of $136.13, now trading at $130.27 (+0.17%). Let's analyze the situation:
*Key Stats:*
- *Current Price:* $130.27 (+0.17%)
- *24H High:* $136.13
- *24H Low:* $127.71
- *Volume:* 4.06M SOL
*Support & Resistance:*
- *Resistance:* $132.50 / $136.00
- *Support:* $127.70 / $122.50
*Indicators Flashing Caution:*
- *StochRSI:* Deep in oversold territory (7.69), indicating potential for a bounce or further downside
- *RSI:* 43.06, reflecting waning buyer strength
*Outlook:*
- *Break Below:* A break below $127.70 could trigger a drop toward $122.50
- *Reclaiming $130+:* Reclaiming $130+ with strong volume would reignite bullish hopes
*Decision Time:*
- *Don't Get Caught in Chop:* $SOL is at a decision point – will it reload or continue downward? Watch closely for signs of direction.