The post SOL Technical Analysis Feb 1 appeared on BitcoinEthereumNews.com.

SOL continues its downtrend with an 11% sharp drop, approaching critical support levels in a high volatility environment; although RSI at 28 signals oversold, additional downside risk remains high due to BTC correlation. Investors should prioritize capital protection with tight stop losses and small position sizes, while remaining cautious against sudden recoveries. Market Volatility and Risk Environment SOL’s current price stands at 105.26 USD, showing wide volatility with a daily range of 96.40 – 118.80 USD and a 11.04% loss over the last 24 hours. This indicates SOL moving with 9.59 billion USD in volume amid the broader crypto market’s downtrend environment. Despite RSI at 27.96 in oversold territory, Supertrend gives a bearish signal, and with price remaining below EMA20 (124.06 USD), short-term bearish momentum dominates. ATR (Average True Range) analysis is critical for measuring volatility; recent data shows daily ATR around 10%, leaving positions vulnerable to sudden swings. Multi-timeframe (MTF) analysis identifies 11 strong levels across 1D/3D/1W timeframes: 2 supports/1 resistance on 1D, 2 supports/4 resistances on 3D, and 1 support/3 resistances on 1W. This structure heightens the risk of sudden spikes in the volatile downtrend. Investors should not ignore volatility for capital protection; for instance, in high ATR periods, prefer structure-based tight stops over wide ones. No SOL-specific news breaks, but general market uncertainty elevates risk. Follow detailed reviews in SOL Spot Analysis and SOL Futures Analysis. Risk/Reward Ratio Assessment Potential Reward: Target Levels In a bullish scenario, SOL’s potential target is 150.8650 USD (score:26), offering about 43% upside from current levels. This level requires a recovery beyond MTF resistance clusters and above EMA20. However, reaching this target in a downtrend demands strong volume and BTC support; otherwise, rejection midway is likely. From a risk/reward perspective, long-term targets look attractive, but short-term volatility could erode this reward. Potential…

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Filed under: News - @ February 1, 2026 6:02 am