$SOL what is the best price to buy $SOL
1. Key Support Levels (Potential Buy Zones)
• $112 – This was the recent low and a strong support level. If SOL retests this level, it could be a good entry point.
• $100-$105 – A psychological support zone where buyers might step in.
2. Technical Indicators Analysis
• RSI (Relative Strength Index) at 36.41 – Approaching the oversold region (<30 is oversold). If it dips lower, it could indicate a strong buy opportunity.
• Stochastic RSI (43.20) – Still not fully oversold, but close. A dip below 20 would indicate a strong buy signal.
• Moving Averages:
• MA(7) at $135.63 and MA(25) at $132.17 – SOL is trading below these levels, meaning it is currently in a short-term downtrend.
• MA(99) at $181.29 – A long way from current price, confirming downward pressure.
Best Strategy to Buy SOL
1. DCA (Dollar Cost Averaging) – Instead of trying to time the exact bottom, consider accumulating small amounts at key levels ($112, $105, and if it dips below $100).
2. Wait for a Confirmed Reversal – If SOL breaks above $135 with volume, it could signal a trend reversal.