Seems $SOL has a nice chance to go for a retest of $110. But make no mistake, that's a huge trouble area; it was a strong support for many months, so now it could become a very strong resistance for #SOL .

Seems $SOL has a nice chance to go for a retest of $110. But make no mistake, that's a huge trouble area; it was a strong support for many months, so now it could become a very strong resistance for #SOL .

📊 2026-03-05 SOL Technical Analysis (as of 18:00) Current Price: approximately $91.8 (volatile sideways movement, following BTC rebound) 1. Trend Judgment - Short-term (1H/4H): Bullish dominance, stabilizing above EMA20/50, forming Higher Low structure - Mid-term (Daily): Rebound correction, breaking above the descending channel upper boundary, but MA90/180 still acting as resistance, no reversal yet - Long-term: Still in a downtrend channel, with $98.5–$108 as a strong accumulation zone 2. Key Levels (Core) - Resistance (from top to bottom) - $92.1–$93: Intraday high + previous minor top (key) - $94–$95: Fibonacci 38.2% retracement + dense trading zone - $98.5: Breakout point (BOS), a trend reversal if broken - $108: Mid-term strong resistance - Support (from bottom to top) - $90: Psychological level + near EMA20 - $88–$88.5: 4H strong support + recent upward point since yesterday - $86.7: Structural low point, a break below signals end of rebound - $85: Extreme support 3. Indicator Signals - RSI(14): 51–53 (neutral leaning bullish, not overbought) - MACD: Daily golden cross, bullish momentum strengthening; 4H approaching top divergence, watch for pullback - Volume: surged yesterday during rally, today shrinking during consolidation, selling pressure evident above - Supertrend: Short-term bullish, but mid-term still bearish signals 4. Intraday Strategy (for reference only, not investment advice) - Bullish Conditions - Hold above $90 for stabilization, try small long positions - Targets: $92.1 → $94 → $95 - Stop-loss: below $88.5 - Bearish Conditions - Break below $90 with no quick recovery, go short - Targets: $88.5 → $86.7 - Stop-loss: above $93 - Watch and wait - When price consolidates within $90–$92.1, wait for a breakout 5. Risk Warning - Large divergence between futures longs and shorts, extremely high volatility risk - Low probability of a breakout above $98.5 without volume; beware of false breakouts followed by rapid decline