Solana (SOL) currency is approaching a critical movement!
Currently, SOL is trading at $125.07 after fluctuating between $123.49 and $132.80 over the past 24 hours, reflecting a strong state of anticipation in the market.
Technically, the price is below the EMA 7 (155.59) and EMA 25 (128.62), indicating selling pressure, but this is not necessarily negative in the medium term. Short-term averages like MA 10 (124.97) show very close support.
Important support levels: $123.50, and if broken, we may see a drop towards $115.
Upcoming resistances: $128.60 then $132.80, while the major resistance awaits at $155.
Technical indicators like StochRSI and RSI indicate the possibility of a near-term rebound from oversold areas.
As for MACD and OBV, they reflect a cautious state but have not closed completely negatively.
Will this be a strong entry opportunity? Keep an eye on price movements near $128.60, as breaking through it could change everything$SOL