On the 4-hour chart SOL USDT faces resistance between 99.50-118.10. Meanwhile, the 1-hour chart shows support at 94.94-96.00 and resistance up to 107.24. Key levels have been identified on both timeframes to watch for potential trade setups. Refer to the weekly and daily charts linked for a broader view of current market structure and trend.
Contents
4 Hour Timeframe
- SOL USDT is currently trading between the 0.382 and 0.50 Fibonacci retracement levels of 97.86-99.86, indicating a potential bounce in this range.
- There is resistance above at Resistance Zone #1 of 99.50-97.77 and stronger resistance at Zone #2 of 118.10-116.22.
- Supply Zone #1 of 108.15-104.29 and #2 of 116.95-112.55 could see selling pressure if reached.
- The bearish fair value gaps at 104.29-103.17 and 112.55-110.48 need to be filled before the uptrend can continue.
Fibonacci Retracement Levels
0.382 | 97.86 |
0.50 | 99.86 |
0.618 | 101.79 |
0.786 | 104.60 |
0.882 | 106.18 |
Support/ Resistance Zone
S/R Type | High | Low |
Resistance Zone #1 | 99.50 | 97.77 |
Resistance Zone #2 | 118.10 | 116.22 |
Supply Zone
Zone Number | High | Low |
Supply Zone #1 | 108.15 | 104.29 |
Supply Zone #2 | 116.95 | 112.55 |
Fair Value Gaps / Imbalances
Gap Number | High | Low |
Bearish FVG #1 | 104.29 | 103.17 |
Bearish FVG #2 | 112.55 | 110.48 |
1 Hour Timeframe
1-Hour Chart:
- SOL USDT is finding support between the 0.382-0.50 Fib levels of 94.94-96.00. A bounce off this range is possible.
- Resistance zones are seen at 96.60-95.08 and stronger at 107.24-106.36.
- Supply Zone #1 of 99.49-98.18 could spark short-term selling.
- The bearish fair value gaps at 97.28-94.63 and 98.18-97.53 need closure for upside momentum to build.
Fibonacci Retracement Levels
0.382 | 94.94 |
0.50 | 96.00 |
0.618 | 97.04 |
0.786 | 98.56 |
0.882 | 99.42 |
Support/ Resistance Zone
S/R Tpe | High | Low |
Resistance #1 | 96.60 | 95.08 |
Resistance #2 | 107.24 | 106.36 |
Supply Zone
Zone Number | High | Low |
Supply Zone #1 | 99.49 | 98.18 |
Fair Value Gaps / Imbalances
Gap Number | High | Low |
Bearish FVG #1 | 97.28 | 94.63 |
Bearish FVG #2 | 98.18 | 97.53 |