$SOL Read 👇
1. First support: $145.00 – Represents the current daily low, breaking this level could open the door for further decline.
2. Second support: $140.50 – A strong support area formed by the price previously.
3. Third support: $134.00 – A medium-term support, reflecting previous bounces.
1. First resistance: $150.00 – A clear psychological and technical barrier.
2. Second resistance: $156.00 – A previous peak, breaking it could mean a change in the entire trend.
3. Third resistance: $162.50 – Near the 100-day average.
Upward
The first target (short-term): $155 if resistance at $150 is broken with strong trading volume.
Second target (medium-term): $165 when the second resistance is broken.
Third target (long-term): $180 if strong positive momentum returns, especially with overall market support.
Downward
First target: $140 when the first support is broken.
Second target: $134, which is a technical and strategic support level.
Third target: $125 in case of a clear break below $130 with significant selling pressure.