See my returns and portfolio breakdown. Follow for investment tips Binance Word of the Day WOTD Theme: Crypto Tools Period: 2025-03-02 to 2025-03-09 3️⃣ PAY, BTC, FEE, VIP, WIN, KEY,BUY 4️⃣ BOTS, EARN, FIAT 5️⃣ SUITE 6️⃣ SQUARE, WALLET 7️⃣ ACADEMY, SUPPORT, PRODUCT, TRADING, FEATURE 8️⃣ PLATFORM, SECURITY
📉➡️📈 $SOL is trying to hold support after a new decline 🤔🤔🤔
Solana dropped to $131.77, but buyers have shown up again and pushed the price up to $132.49. The movement remains downward for now, but a local stabilization zone is forming on the chart.
🔍 What is visible now:
MA(7) at $132.85 acts as the nearest dynamic resistance.
MA(25) ($134.94) and MA(99) ($133.90) create a tight corridor of resistances above.
Volumes have fallen — seller activity is decreasing.
SOL is holding above local support at $131.5–$132, trying to regain part of the drop.
📈 If SOL can establish itself above $133.5, we get a chance for movement towards $135–$136. 📉 If it loses $131.7, the price may return to $130 and even test $129.8.
In short: Sol is entering a phase of calm retracement after the decline and is trying to hold important support.🤔🤔🤔 $SOL
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