Technical indicators are sending mixed signals. Bollinger Bands are turning upward, and the MACD histogram has moved into positive territory, but Stochastic has reached the overbought zone, which does not rule out a near-term downside reversal. At the same time, on the weekly chart, Bollinger Bands are still directed downward, while the MACD histogram continues to expand in negative territory, confirming that the broader bearish trend remains in place. At the same time, the chart is showing signs of a developing flag pattern, which could allow the asset to rise toward 125.00 (the middle Bollinger Band on W1).

Support and resistance levels

Resistance levels: 100.00, 125.00, 137.50.

Support levels: 91.00, 75.00, 62.50, 50.00.SOL/USD chart

Trading scenarios and SOL/USD forecast

Long positions may be opened above 100.00 with targets at 125.00 and 137.50, with a stop-loss at 91.00. Implementation period: 5–7 days.

Short positions may be opened from 87.50 with targets at 75.00, 62.50, and 50.00, with a stop-loss at 98.00.

Scenario

Timeframe Weekly
Recommendation BUY STOP
Entry point 101.00
Take Profit 125.00, 137.50
Stop Loss 91.00
Key levels 50.00, 62.50, 75.00, 91.00, 100.00, 125.00, 137.50

Alternative scenario

Recommendation SELL STOP
Entry point 87.50
Take Profit 75.00, 62.50, 50.00
Stop Loss 98.00
Key levels 50.00, 62.50, 75.00, 91.00, 100.00, 125.00, 137.50