$SOL Current Price: $80.83
24H Change: -3.22%
📊 Technical Analysis (1D Timeframe)
• Major downtrend from $148 high.
• Strong crash toward $67.50 then consolidation.
• RSI around 35–37 → weak momentum but stabilizing.
• MACD still negative but histogram improving.
• Price moving sideways between $80–$90 range.
🔹 Support Levels:
• $80.00
• $67.50 (major support)
🔹 Resistance Levels:
• $90.00
• $100.00
📌 Trade Plan Idea:
• Accumulation possible near $80 with risk management.
• Breakdown below $80 → retest $67 likely.
• Bullish momentum returns above $90 breakout.
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🌍 Fundamental Overview
• One of the strongest Layer-1 ecosystems.
• Growing DeFi, NFT, and meme coin activity.
• Fast and low-cost blockchain.
• Faces competition from Ethereum & other L1 chains.
📌 Strong long-term potential but currently in corrective phase.
⚠️ Disclaimer: This analysis is for educational purposes only. Always manage your risk.
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