$SOL Solana (SOL) coin's current price is around $131.67, with a 3.06% decrease. Here's a detailed technical analysis and trading signals:
*Key Levels:*
- *Support Levels:* $120.71-115.75 (major bid zone), $125.63-125.67 (strong bids), $124.68 (24-hour low)
- *Resistance Levels:* $130.64-135.60 (next hurdle), $125.68-125.72 (thick asks)
*Technical Indicators:*
- *Relative Strength Index (RSI):* 55.122 (neutral zone, no strong overbought signal)
- *Moving Average Convergence Divergence (MACD):* Weak bullish momentum with a positive MACD histogram
- *Bollinger Bands:* Price near the middle band ($120.993) indicates short-term support
*Trading Signals:*
- *Buy Signal:* Break above $126 could target $130-136 (upper band)
- *Sell Signal:* Breakdown below $125.63 could test $124.68 (24-hour low)
*Market Sentiment:*
- *Short-term Trend:* Bearish unless reclaimed above $126
- *Long-term Trend:* Bullish with potential targets at $211.29 and $241.05
*Trading Strategies:*
- *Short-term (Scalping):* Buy near $125.63-125.67, target $126-126.50, stop-loss at $125.50
- *Swing Trade:* Wait for break above $126 for longs (target $130) or break below $124.68 for shorts (target $120.71) ¹ ²
Some analysts predict different price levels, such as:
- $131.59 with a 4.39% increase
- $143.63 with a 6.87% increase in the last 24 hours
- $196.02 with an 8.83% decrease
- $118.21 with a 3.65% intraday gain
- $130.75 with a 7% increase in the past 24 hours
³ ⁴ ² ⁵ ⁶ $SOL