SOL is in a clear downtrend. After breaking below the key support at $120, price tried to bounce but failed around $110. Sellers remain in control. The market is pushing lower, and we are looking at the next support level at $86.
Key Points:
Trend: Downtrend is strong, with lower highs and lower lows.
Failed Bounce: Price could not recover above $110, confirming weakness.
Next Levels:
First checkpoint: $96
Main target: $86
Plan:
Looking to stay with the trend toward $86.
If price moves back above $110, the plan is off — time to recheck.
Watch price reaction at $96, but main focus stays on the lower target.
Risk Reminder:
Stay patient, follow the plan, and always manage your risk properly.
Key Points:
Trend: Downtrend is strong, with lower highs and lower lows.
Failed Bounce: Price could not recover above $110, confirming weakness.
Next Levels:
First checkpoint: $96
Main target: $86
Plan:
Looking to stay with the trend toward $86.
If price moves back above $110, the plan is off — time to recheck.
Watch price reaction at $96, but main focus stays on the lower target.
Risk Reminder:
Stay patient, follow the plan, and always manage your risk properly.
Trade active
SOL/USD – $130 Is the New Battleground6 days ago, SOL was in a clear downtrend, targeting $86 after failing at $110.
Now, price has reclaimed $110 and is testing key resistance at $130.
🔍 What to Watch:
Break above $130 → Opens path to $145–160
Rejection at $130 → Bearish flow resumes, watch $122 → $110
$130 is the decision point.
Above it? Shift in trend.
Rejected? Bears still in control.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.