Crypto Circle Liying: Solana (SOL) Latest Market Analysis
Article Published on 2025.11.29—00:30
The current price of Solana is 140.7. Liying assesses that Solana is currently in a fluctuating pattern, oscillating between a strong resistance level of 144.7 and a strong support level of 138. The technical analysis shows a bullish engulfing pattern, suggesting a potential market reversal, but the entangled moving averages, weakening momentum, and insufficient trading volume indicate limited ability to break through resistance. In the short term, prices are more likely to oscillate near the resistance level, and attention must be paid to whether an effective breakout can occur. The daily chart is consolidating between 138 and 144. A short-term support has formed on the 2-hour chart, with MACD showing weakening momentum, and the daily trend is slightly bearish but shows signs of recovery. The EMA is in a bullish arrangement, and the short-term moving averages provide support; the market remains in a consolidation phase, gradually rising. When entering the market, be sure to pay attention to changes in resistance and support levels.
Today's Latest Reference Points
Long Entry Point: 140, Add: 138, Stop: 137, Target: 145
Short Entry Point: 143, Add: 145, Stop: 146, Target: 140
The above analysis by Liying is based on market data and trend analysis from the order book and does not constitute investment advice. It is for family members' reference. It is hoped that it can assist others with dreams in this unpredictable market to find their position and embark on their own successful journey.
The content of the article is time-sensitive and for reference only; risk is borne by the reader.
