Technical indicators continue to support a buying signal: Bollinger Bands are turning upward, the MACD histogram is expanding in positive territory, while the Stochastic oscillator has turned lower from the overbought zone, suggesting the possibility of a limited correction. On the weekly chart, Bollinger Bands are also attempting to move higher, and the MACD histogram is preparing to enter positive territory, increasing the probability of further upside momentum.

Support and resistance levels

Support levels: 81.25, 62.50, 50.00.

Resistance levels: 100.00, 112.50, 125.00.

SOL/USD chart

SOL/USD Trading Scenarios and Price Forecast

Long positions can be opened from the 102.00 level with targets at 112.50 and 125.00, with a stop-loss at 96.00. Expected timeframe: 5–7 days.

Short positions can be opened from the 81.25 level with targets at 62.50 and 50.00, with a stop-loss at 91.00.

Scenario

Timeframe Weekly
Recommendation BUY STOP
Entry point 102.00
Take Profit 112.50, 125.00
Stop Loss 96.00
Key levels 50.00, 62.50, 81.25, 100.00, 112.50, 125.00

Alternative Scenario

Recommendation SELL STOP
Entry point 81.25
Take Profit 62.50, 50.00
Stop Loss 91.00
Key levels 50.00, 62.50, 81.25, 100.00, 112.50, 125.00