$SOL 📊 Long-term Support and Resistance Account for SOL/USDT 🔥
To calculate long-term support and resistance, we need to analyze historical data and use powerful tools such as:
✅ Historical highs and lows
✅ Long-term Fibonacci
✅ Psychological levels and strong areas
1️⃣ Historical highs and lows
📌 Looking at the chart, we find that the most important historical levels for SOL are:
✅ Strong resistances (R):
🔹 260$ - 250$ (All-time high)
🔹 200$ - 210$ (Previous strong resistance area)
🔹 160$ - 165$ (Previous breakout level turned resistance)
🔹 147$ - 150$ (Closest current resistance)
✅ Strong supports (S):
🔹 130$ - 133$ (Nearby support, if broken, we may see a deeper correction)
🔹 120$ - 125$ (Historically important support)
🔹 100$ (Very strong psychological level)
🔹 80$ - 85$ (Historical support level)
2️⃣ Long-term Fibonacci levels
📌 If we draw Fibonacci from the all-time high (260$) to the all-time low (8$), we get important levels:
✅ 38.2% = 110$ ➝ Potential support
✅ 50% = 135$ ➝ Very strong support level
✅ 61.8% = 160$ ➝ Strong resistance