#SOL $SOL is showing early signs of recovery after a strong downside move, and the current 15-minute structure suggests a potential upward shift. Price has successfully held above the recent low of 128.91, forming a small but stable consolidation zone. The EMAs (9 & 15) are flattening, indicating that bearish pressure is weakening and buyers are slowly gaining confidence. Volume has also stabilized, which often signals preparation for a stronger directional move.

RSI has climbed toward 48+, showing momentum is building from oversold levels. If SOL holds above the key support area around 130.50 – 129.80, it can attempt a breakout toward 133.50 and possibly 135+ in the next impulsive push.

A clean close above 132.20 would be the first signal of trend reversal on lower timeframe. Overall, SOL is showing healthy signs of forming a base, and any sustained buying pressure could trigger a short-term upward rally.

SOL
SOL
132.58
-3.21%