$SOL
1. Support Level One: $145.00 – Represents the current daily low; breaking this level may open the door for further decline.
2. Support Level Two: $140.50 – A strong support area previously established by the price.
3. Support Level Three: $134.00 – Medium-term support, reflecting previous bounces.
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1. Resistance Level One: $150.00 – A clear psychological and technical barrier.
2. Resistance Level Two: $156.00 – Previous peak; breaking it may indicate a change in trend.
3. Resistance Level Three: $162.50 – Near the 100-day average.
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Upward
First Target (Short-term): $155 if the resistance at $150 is broken with strong trading volume.
Second Target (Medium-term): $165 when breaking the second resistance.
Third Target (Long-term): $180 if strong positive momentum returns, especially with overall market support.
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Downward
First Target: $140 upon breaking the first support.
Second Target: $134, which is a technical and strategic support level.
Third Target: $125 in the case of a clear break below $130 with selling pressure.