🚀 Market Alpha Pro: Solana (
$SOL ) Analysis
Welcome to Market Alpha Pro! The crypto market has been on a rollercoaster, and Solana (
$SOL ) is currently at a critical junction after the recent dip below $70. Let's dive into the technicals.
📊 Short-Term Outlook (1Hr & 4Hr)
Current State: SOL is consolidating around $87 - $90.
The Resistance: $90 is the key psychological barrier.
Bullish Scenario: A clean 4-hour candle close above $90 could ignite a rally toward $97.
Bearish Scenario: Rejection at $90 might lead to a retest of the
$SOL 81 support zone.
Indicators: RSI is climbing out of the oversold zone, and MACD is hinting at a bullish crossover. Momentum is shifting!
📅 Medium to Long-Term (Daily & Weekly)
The Recovery: After finding strong demand at the $70 support, SOL is bouncing back.
Daily Targets: If Bitcoin remains stable, we could see SOL targeting $118.
Key Levels: * $97: The gateway to a major trend shift.
$150: Long-term target if we close the week above $97.
Indicator Watch: Daily RSI is at 29; we need it to cross 50 to confirm a sustained bullish trend. MACD histograms are turning lighter, showing the bears are losing steam.
💡 Summary
Solana has shown incredible resilience at the $70 mark. While the weekly indicators still show some caution, the lower timeframes are screaming "Recovery." Keep a close eye on the $90 breakout—it could be the start of something big.
#SOL #MarketAlphaPro #priceprediction #blockchain #SOLUSDT 💬 Join the Discussion!
What do you think? Will
$SOL break the $90 resistance this weekend, or are we heading back to test the $70 support? Drop your predictions in the comments below! 👇