$SOL Analysis
The long lower wick on Thursday’s Solana (SOL) candlestick suggests that bulls are aggressively defending the $126 support zone. However, to signal a potential short-term trend reversal, buyers must push SOL above the 50-day simple moving average (SMA) at $152. If this breakout occurs, the SOL/USDT pair could rally toward $172 and then extend gains to the $190 level.
On the downside, a breakdown and daily close below $126 would confirm a continuation of the downtrend. In that case, SOL could slide sharply toward $100, followed by the strong support area near $95.
SOLUSDT
Perp
132.55
+0.26%