#solana #TrendingPredictions #TradingSignal #supportandresistance

🚀 Solana ($SOL ) Technical Analysis: Key Support & Resistance

Levels

📊 Current Market Overview

🔹 Pair: SOL/USDT
🔹 Price: $194.32 📉
🔹 24h Change: -3.81% 🔻
🔹 24h High/Low: $205.34 / $193.26

🔥 Key Support & Resistance Levels :-

🟥 Resistance Levels (Selling Pressure):

🔺 First Resistance: $217.15 (📈 99-day MA)
🔺 Second Resistance: $216.84 (📊 25-day MA)
🔺 Major Resistance: $200.27 (🚀 Recent High)

📌 Breaking above these levels could trigger a strong upward

move!

🟩 Support Levels (Buying Pressure):

🟢 Immediate Support: $197.66 (📊 7-day MA)
🟢 Second Support: $193.26 (📉 Recent Low)
🟢 Strong Support: $127.07 (🛑 Previous Key Low)

📌 If SOL drops below these levels, further downside

movement may occur!

📈 Technical Indicators Insight:

⚡ Moving Averages: SOL is hovering near support levels,

indicating a potential bounce-back if buyers step in.
⚡ Trend Signal:

🔵 A breakout above $217.15 = Bullish Trend! 🚀🔴 A drop

below $193.26 = Bearish Signal! 📉

🎯 Conclusion:

Solana is trading at a crucial price zone where support and

resistance will determine the next move! Keep an eye on these

levels for potential breakout or breakdown opportunities. 📊👀

📢 Trade wisely and manage your risk! ✅💰