$SOL Solana (SOL) ~ $117.7 USD — price fairly flat in the last 24 h, with slight volatility between $114–$119.
Sol is down ~10% in the past week and significantly below its all-time high (~$294 from Jan 19, 2025).
📉 Recent Candlestick / Trend Context
While I can’t embed the live chart image directly, you can view the real-time latest SOL candlestick chart here:
On that chart you can switch to 1 h, 4 h, daily or weekly candles to inspect the most recent price structure.
🔍 Short Technical Summary
Bearish Near-Term Pressure
• Price trading below several short-term moving averages, indicating sellers having the upper hand.
• Daily candles recently show weakness — lower highs and lower lows — suggesting short-term downtrend continuation unless a bullish reversal happens.
Key Levels to Watch
• Support: ~$112–$115 — recent demand zone where buyers have stepped in.
• Immediate resistance: ~$125–$130 — this area must flip to support to signal upside potential.
📈 Bullish Case (if trend flips)
• Some analysts have drawn longer-term patterns like cup-and-handle or breakout structures, suggesting massive targets if key resistances break and broader market improves.
• Solana’s ecosystem growth, NFT activity, and potential ETF/spot products could fuel renewed interest.
📌 Summary (Latest Candle Context)
Short-term: Bearish → price under pressure with recent red/dropping candles.
Neutral pivot: Reclaim $125–$130 with volume.
Bullish flip: Sustained breakout above resistance and broad market support.
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