📊 SOL 1D Update – Technical Outlook
Solana – Daily Timeframe
SOL is currently consolidating between the $79 support and $91 resistance range, forming a short-term compression zone.
🔴 Key Resistance Levels:
• $90.5 – $93.5
• $123.5 – $128.5
• $140 – $145.5
🟢 Key Support Levels:
• $79 – $77.5
• $77 – $67
• $45 – $39.5
If price shows a confirmed reaction at support, futures entries can be considered, with invalidation placed below the respective support zone 📌
A clean breakout and consolidation above $93.5 would validate a long setup, targeting the $123 region, with a stop-loss placed back inside the reclaimed range.
After this prolonged corrective phase, a relief bounce from support looks likely. Unless disrupted by major macro catalysts, continuation toward higher resistance levels remains on the table.
As long as the weekly candle holds above $67, the broader bullish market structure stays intact.