๐ Solana (SOL) โ Technical Market Snapshot
SOL Price: ~$137
Structure: Mid-range consolidation
Trend Bias: Neutral โ Slight bullish tilt
๐ Price Action
SOL is trading inside a tight range between $132โ$145.
Buyers defended the $132 demand zone, forming a short-term higher low.
Price is currently pressing toward mid-range resistance at $142โ$145.
๐ Key Technical Levels
Major Support: $128 / $132
Range Support: $134
Immediate Resistance: $142โ$145
Breakout Level: $150
Macro Resistance: $158โ$165
๐ Indicators
RSI (4H): Recovering from oversold โ sits in neutral zone.
MACD (4H): Bullish crossover forming, momentum expanding.
EMAs: Price reclaimed EMA20; next target EMA50 around $143.
Volume: Light but rising โ early accumulation signs.
๐ฎ Scenarios
Bullish:
Flip $145 โ push toward $150, then $158.
Higher low above $135 confirms trend shift.
Bearish:
Rejection at $145 โ retest of $134.
Break below $132 opens downside to $125.
๐งญ Market Sentiment:
Slight bullish bias โ long positions increasing, funding stabilizing.
