📊 
SOL Daily Chart
Price bounced from confluence support around $126 (0.236 fib + local structure), but remains below all key retracements from the $184 high.
– RSI hovering around 39 → oversold but no bullish divergence
– MACD still below signal line, weak momentum
– Structure remains inside a descending channel
BTC is testing $106K into weekly close.
If Bitcoin confirms a breakout, SOL could follow with a push above $160.3 (0.236 fib).
Reclaim of $160 → $184 next
Failure → $126 retest, with risk of break toward $118
Trend bias: bearish → neutral
Watching BTC for confirmation.
SOL Daily ChartPrice bounced from confluence support around $126 (0.236 fib + local structure), but remains below all key retracements from the $184 high.
– RSI hovering around 39 → oversold but no bullish divergence
– MACD still below signal line, weak momentum
– Structure remains inside a descending channel
BTC is testing $106K into weekly close.
If Bitcoin confirms a breakout, SOL could follow with a push above $160.3 (0.236 fib).
Reclaim of $160 → $184 next
Failure → $126 retest, with risk of break toward $118
Trend bias: bearish → neutral
Watching BTC for confirmation.
Note
📊 SOL 4H ChartPrice broke out of the descending channel with a strong push above the 0.382 retracement ($146.8). Now facing initial resistance at $160.3 (0.236 of full move down).
– RSI rising to 58.6 with room to expand
– MACD bullish crossover, momentum building
– Volume increasing slightly on breakout attempt
Break and close above $160.3 → opens up $172 and $184
Rejection = likely retest of $146–148 zone
Short-term momentum favoring bulls, but confirmation requires a clean 4H close above $160.
Note
📊 SOL Weekly ChartPrice currently ~$154 — hovering below key resistance near $160, and holding well above the 0.236 Fib retracement ($138.11).
– RSI = 52.3 → neutral, slightly rising
– MACD crossing upward, early bullish momentum
– Structure still trending upward since 2023, higher lows intact
A weekly close above $160 would break local downtrend and unlock targets at $188 and $203.
Break below $138 = structural damage, $126 next support.
Bias = neutral → bullish if $160 flips to support
Watching Bitcoin for confirmation.
Note
📅 SOL Monthly ChartPrice is holding the 0.5 Fibonacci extension ($142.95) after rejection from the 0.618 level ($274.5).
– RSI = 55.6 → mid-range, trending sideways
– MACD still red but flattening
– Heikin Ashi candles suggest slowing momentum, not reversal
$142 = key monthly support
Break and hold above $160 → flips structure back to bullish continuation
Bias: long-term bullish above $126, but momentum needs confirmation
Eyes on Bitcoin monthly close to confirm trend acceleration.
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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.
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.