$SOL trading at $137.44, showing weakness below all major MAs (MA7: 138, MA25: 135, MA99: 135). Price rejected from $140 resistance and forming lower highs. However, holding above $135 support zone with decent volume. A break above $140 could flip sentiment bullish, while failure risks retesting $125-$130 demand area.
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$SOL trading at $137.44, showing weakness below all major MAs (MA7: 138, MA25: 135, MA99: 135). Price rejected from $140 resistance and forming lower highs. However, holding above $135 support zone with decent volume. A break above $140 could flip sentiment bullish, while failure risks retesting $125-$130 demand area.
Trade Setup:
TP1: $143
TP2: $148
TP3: $155
Stop Loss: $133