Solana ($SOL /USDT) Chart Analysis: Short-Term Bounce Amid Long-Term Bearishness
Hey Binance Square community! Let's dive into the latest SOL/USDT chart from today's 15-minute timeframe. As of February 14, 2026, Solana is trading at 87.55 USDT, up 2.54% today with a 24-hour high of 87.64 and low of 82.23. The chart shows a clear upward trajectory in the short term, with the price climbing from around 86.73, supported by increasing volume at 867,137—though below the MA5 (1,933,728) and MA10 (2,350,266), suggesting momentum is building but not yet explosive.
Key indicators paint a mixed picture: The MA60 sits at 87.16, which $SOL has broken above, hinting at bullish continuation. EMA and BOLL bands are widening slightly, indicating potential volatility, while SAR and SUPER trends lean positive in the near term. However, zoom out, and the story turns cautious—SOL is down 0.18% over 30 days, a whopping 38.57% in 90 days, and 54.72% year-over-year. This reflects broader market pressures on Layer 1 blockchains, possibly from competition or network issues, but recent volume spikes (3.04M SOL in 24h) could signal accumulation.
Analysis Summary: Short-term bullish on technicals with upward price action and volume support, but long-term downtrend warns of reversal risks. Watch for resistance at 87.64 (24h high) and support near 86.73.
Next Trade Idea: Enter a long position (buy) at 87.55 if it holds above MA60. Target: 90.00 USDT for a quick 2.7% gain, based on recent highs and Fibonacci extension.
Stoploss: Set at 85.00 USDT to limit downside, just below the 24h low and key support—risking about 3% per trade.
Always DYOR and manage risk, folks! What's your take on SOL? Drop comments below.
