What are the levels to mark in your chart? Stay till the end to uncover impactful price clues most traders miss.
Solana trades at $138 today. $SOL is above the significant support level of $125. Discover the next targets. Traders watch these levels closely. Market action is firm and bearish today.
What are the support and resistance levels for $SOL?
| Level | Price (USD) | Description |
|---|---|---|
| Support 1 | $125 | 100 EMA is the 100-day Exponential Moving Average. It is the average price over the last 100 days. It shows market trends over a mid or long term. |
| Support 2 | $115 | Bollinger Bands are volatility bands. They expand and contract based on the market volatility. The lower Bollinger Band is the lower deviation from the 20-day simple moving average. |
| Resistance 1 | $145 | 50 EMA is the 50-day Exponential Moving Average. It is the average price over the last 50 days. It shows market trends over a short or mid-term. |
| Resistance 2 | $155 | Upper Bollinger Band is the upper deviation from the 20-day simple moving average. |
FAQ
What Solana price targets should I consider?
Support at $125. Resistance near $145. Extension target $292. Mark these levels carefully. Plan your trades around them.
Is Solana Bullish?
Stochastic RSI is 35. Resistance sits at $145. Place stop-loss below $115. Current momentum is neutral. Watch for trend changes.
How do I set stop-loss levels for Solana?
Place stops below $115 support. Consider using swing lows as reference points. Protect your capital. Risk management is key.
What are the Solana moving averages indicating?
EMA50 is at $145. EMA100 is at $125. Solana trades at $138. Compare these values to determine trend direction. Price sits between both EMAs. Short-term looks weak.
Should I buy or sell SOL?
Buyers can enter near $125 or $115. Place stops below $115. Sellers can exit near $145 or $155. Take profits at $292. Manage your risk carefully. Always use a plan.
How do Fibonacci levels affect Solana price?
Fibonacci 61.8% level sits at $175. Fibonacci 138.2% extension targets $292. These levels offer future price insight. They are strong historical markers.
What does $SOL momentum show?
Stochastic RSI K reads 35. The values above 80 mean overbought conditions. Values below 20 mean oversold conditions. Values between 20 and 80 indicate neutral momentum. Solana momentum is neutral.
Conclusion
Solana shows weakness below $125 support—eyes on $115 for breakdown risk. Momentum favors bears. Another sell-off may follow. Stay cautious, protect capital. Follow your trading plan. Market conditions can change fast.
Disclaimer
The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies presented are the thoughts and opinions of the writer/reviewers, and their risk tolerance may differ from yours. We are not responsible for any losses you may incur due to any investments directly or indirectly related to the information provided. Solana and other cryptocurrencies are high-risk investments; therefore, please conduct your due diligence. Copyright Altcoin Buzz Pte Ltd.
The post Solana Price Pullback Risk: $115 Support Critical appeared first on Altcoin Buzz.
This articles is written by : Nermeen Nabil Khear Abdelmalak
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