🚨 Technical Analysis for $SOL Coin | Daily Timeframe
🔹 Current Price: 146.62 USDT
– The overall trend is bearish in the medium term, but the price has started to shift toward higher lows.
– The price rebounded from a strong demand zone around 120 – 125.
– The current movement is a recovery within a consolidation range following a downtrend wave.
– The daily RSI is in an upward trend and clearly shows improvement in momentum.
🔼 Bullish Scenario (Rise):
If holding above 145 and breaking above 150
🎯 160 – 170 – 200
🔽 Bearish Scenario (Drop):
If breaking below 135 with a daily close
❌ 125 – 115 – 100
📌 Note: Any rise without a clear breakout above 150 should be considered a correction within a downtrend.
⚠️ Disclaimer: This analysis is for educational purposes only and does not constitute financial advice.