Weekly Update – SOL/USDT (1W)
Current Price: $166.54
Market Bias: Recovery in progress after major correction
Focus: Confirmed bottom & testing resistance zone
Technical Overview:
MA(7): 153.03 | MA(25): 174.12 | MA(99): 128.19
RSI(6): 58.20 — Solid recovery without overbought signals yet.
STOCH RSI: 96.52 — Overbought, possible short-term cooldown.
Recent bottom at $95.26, strongly respected the MA(99) as macro support.
Price is back above MA(7) and testing MA(25); next key resistance lies between $174–$180.
Scenario:
SOL seems to have confirmed a macro bottom and is entering a bullish recovery phase. A breakout above $180 could open targets toward $210 and beyond.
Key Levels:
Golden Line (MA99): $128 — Great long-term spot buy zone on retrace.
Resistance Zone: $174–$180
Above $180: Watch for targets at $210 and $250 with strong momentum.
Conclusion:
SOL is recovering well from the bottom. The current trend leans bullish, but confirmation will come with a breakout above the MA(25) and the $180 resistance zone. Watch for spot opportunities on dips near $150–$155.
Disclaimer (EN):
This content is for educational purposes only and does not constitute investment advice. Always do your own research and apply proper risk management.
