๐ $SOL continues to retreat after the local peak ๐ค๐ค๐ค
Solana failed to hold above $141 and dropped to $134.98, now trading around $136.
๐ 1-hour chart:
Price is below MA(25) and MA(99) โ short-term trend is downward
MA(7) at the current price level โ momentum is weak
Trading volumes are decreasing โ interest in selling has slightly declined ๐ค๐ค๐ค
๐ Key levels:
Support: $134.5โ135
Resistance: $137โ138
โ ๏ธ Conclusion:
SOL is in a retracement phase after the failed test of the local peak. A breakout above $138 could trigger a new upward wave, while a drop below $134 may signal further correction.
Those following SOL should now keep key levels under control. ๐ฌ ๐ค๐ค๐ค
$SOL
{spot}(SOLUSDT)
$BNB
{spot}(BNBUSDT)