Solana SOL technical analysis

SOL trades at $106.44, up 1.85% over 24 hours. The daily trend is mixed: price sits below the SMA20 at 110.512 and SMA50 at 109.63 but well above the SMA200 at 88.0116. The 4h RSI14 is 75 while the 1D RSI14 is 30.

The active battle is the 4h support at 104.59-106.51, tested 7 times and holding just below price. Above, the 4h resistance at 108.25-109.07 has 5 touches. The 1D support at 105.65-105.97 has 3 touches.

Bulls would need acceptance above 108.25-109.07 to challenge 110.44-110.76. Bears need a break of 104.59-106.51, which would expose 103.37-103.69 and the rising support trendline near 100.849.