SOL/USD has resumed its primary long-term downtrend after failing to sustain consolidation within the 150.00–125.00 range. Price is now pressing toward 75.00 (Murrey [2/8]), a level that previously held but remains vulnerable under renewed selling pressure.
A confirmed breakdown below 75.00 would reinforce bearish dominance and expose deeper downside targets at 50.00 (Murrey [0/8]) and 25.00 (Murrey [–2/8]).
For bulls, the key reversal zone remains 107.40–112.50 (61.8% Fibonacci, Murrey [4/8], Bollinger midline). Only a sustained move above this area would shift momentum and open recovery potential toward 150.00 (Murrey [8/8]) and 175.50 (Murrey [+2/8]).
⸻
Technical Overview
• Bollinger Bands: Sloping downward
• MACD: Stable in negative territory
• Stochastic: Turning lower
• Weekly Structure: Completed bear flag pattern
• Bias: Bearish continuation
Momentum and structure both favor further downside while below 112.50.
⸻
Key Levels
Resistance:
112.50
150.00
175.50
Support:
75.00
50.00
25.00
⸻
Trading Plan
🔻 Primary Scenario — Bearish Continuation
• Sell below: 75.00
• Targets: 50.00 → 25.00
• Stop-loss: 90.00
• Timeframe: 5–7 days
🔺 Alternative Scenario — Recovery Attempt
• Buy above: 112.50
• Targets: 150.00 → 175.50
• Stop-loss: 90.90
A confirmed breakdown below 75.00 would reinforce bearish dominance and expose deeper downside targets at 50.00 (Murrey [0/8]) and 25.00 (Murrey [–2/8]).
For bulls, the key reversal zone remains 107.40–112.50 (61.8% Fibonacci, Murrey [4/8], Bollinger midline). Only a sustained move above this area would shift momentum and open recovery potential toward 150.00 (Murrey [8/8]) and 175.50 (Murrey [+2/8]).
⸻
Technical Overview
• Bollinger Bands: Sloping downward
• MACD: Stable in negative territory
• Stochastic: Turning lower
• Weekly Structure: Completed bear flag pattern
• Bias: Bearish continuation
Momentum and structure both favor further downside while below 112.50.
⸻
Key Levels
Resistance:
112.50
150.00
175.50
Support:
75.00
50.00
25.00
⸻
Trading Plan
🔻 Primary Scenario — Bearish Continuation
• Sell below: 75.00
• Targets: 50.00 → 25.00
• Stop-loss: 90.00
• Timeframe: 5–7 days
🔺 Alternative Scenario — Recovery Attempt
• Buy above: 112.50
• Targets: 150.00 → 175.50
• Stop-loss: 90.90
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
