📉 $SOL after a significant drop shows a confident rebound 👍👍👍
Solana fell to $129, but now the price has risen to $134.06 and continues to gain momentum.
📊 Key points from the chart:
SOL bounced off support at $129 and returned above MA(7) — the first positive signal.
MA(25) and MA(99) are still above the price, so the overall trend remains bearish.
Volumes increased on the rebound — buyers are showing activity.
Support: $129–$131.
Resistance: $135–$137, then the zone $140+.
📈 Conclusion:
SOL is trying to reverse after a significant drop. If it consolidates above $135–$137, it may head towards a retest of $140–$142. 👍👍👍
SOL
131.81
-1.54%
BTC
89,993.67
-0.58%
