🔸 SOL/USDT – Hovering at Critical Support: Will $125 Hold or Break? | Master Trade Analysis 🔸

Overview

$SOL is trading at $125.72, down -3.82% on the 1D timeframe. The price has been steadily descending from its peak near $258.83, forming a falling wedge-like pattern. Currently, SOL is hovering around its first support area near $125. A decisive break below this zone could expose the next support around $112, while a successful defense might trigger a relief bounce.

Technical Analysis

🔹 Falling Wedge: The price remains within a broad descending structure, indicating potential for either a breakdown or eventual wedge breakout.

🔹 Bollinger Bands (1D): Upper ~$140, Middle ~$125, Lower ~$110 — SOL is near the middle band; losing this level could push it closer to the lower band.

🔹 MACD (1D): Negative, reflecting persistent bearish momentum, though a bullish crossover is possible if price stabilizes.

🔹 RSI (14, 1D): Hovering around 40–45, suggesting mild oversold conditions but not at extremes.

🔹 Volume (1D): Remains moderate; watch for an uptick in selling or buying volume to confirm the next move.

🔥 Trading Signal: SOL/USDT 🚀

💰 Current Price: $125.72

🔹 Trend: Bearish Channel / Potential Wedge

🔹 Timeframe: 1D

🔹 Support: $125 | Next Support: $112

🔹 Resistance: $130, $135

🔹 Market Sentiment: Cautiously Bearish

🔹 Buy/Sell Ratio: 45% Buy / 55% Sell

🔹 MACD Confirmation: Bearish

📊 Signal:

🟢 BUY/LONG Entry: $124 - $126 (If support holds)

🎯 Targets: $130 | $135

🔴 Stop-Loss: $120

🔥 Master Trade Setup:

🔹 If SOL closes below $125 with strong volume, watch for a slide toward $112 support.

🔹 A break above $130 could spark a short-term rally, potentially testing $135.

🔹 RSI near 40–45 indicates mild oversold conditions; a bounce is possible if buyers defend support.

💬 Will $SOL hold the $125 zone and bounce, or slip toward $112 for a deeper correction?

📢 Follow!

⚠️ Always DYOR before trading!

📌 Note: Futures trading may not be Shariah-compliant. Trade responsibly.