Solana has rebounded strongly from the 178–185 support zone, reclaiming the level that previously acted as resistance. Price is now retesting the zone, making this a key decision point.
Support / Resistance Flip: Holding above 185–178 could confirm a bullish reversal.
Upside Target: If bulls hold, next test is the 208 resistance.
Downside Risk: Rejection here could trap buyers and send price back toward 157 support.
Momentum: Stoch RSI is heavily overbought, suggesting caution on chasing upside.
The next sessions will reveal whether SOL can confirm this support flip, or if it’s just a fakeout before deeper downside.
Support / Resistance Flip: Holding above 185–178 could confirm a bullish reversal.
Upside Target: If bulls hold, next test is the 208 resistance.
Downside Risk: Rejection here could trap buyers and send price back toward 157 support.
Momentum: Stoch RSI is heavily overbought, suggesting caution on chasing upside.
The next sessions will reveal whether SOL can confirm this support flip, or if it’s just a fakeout before deeper downside.
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Search by indicators like Supertrend, Ichimoku, macd.
Join our discord discord.gg/2systG9frc
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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.