Could Solana (SOL) Reach $315? Essential Chart Indicator to Watch
Current Price Action: Solana (SOL) is trading around $132, near a key monthly support zone, having dropped 3% over the past week. Traders are monitoring this area as it aligns with a long-term ascending channel support level.
Long-Term Support Testing: SOL is at the lower boundary of its ascending channel on the monthly chart, which has historically served as a strong reversal zone. A successful bounce could lead to targets of $262.62 and $315.43.
Short-Term Price Movements: On the 4-hour chart, SOL is reacting at a support zone between $124 and $125. If it holds above $134–$135, a short-term upward move towards $145.84 and $149.31 is possible.
ETF Launch and Market Sentiment: Franklin Templeton launched a spot SOL ETF, which has seen significant inflows, although there have been outflows since late November. Recent inflows suggest a potential shift in market sentiment, with total assets remaining above $900 million.
Get Real-Time Alerts for Any Crypto Movement
Technical Analysis for ROSE
Technical Sentiment Analysis for Oasis (ROSE) As of , Oasis (ROSE) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 8 technical signals, shows that 5 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for ROSE stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, ROSE is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Oasis (ROSE) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | -0.000278 | 0.00571 | 0.0108 | 0.0168 | 0.0219 | 0.0279 | 0.0329 |
| Fibonacci | 0.00571 | 0.00994 | 0.0126 | 0.0168 | 0.021 | 0.0236 | 0.0279 |
About ROSE
About the author
