SOL Technical Analysis Feb 18
The post SOL Technical Analysis Feb 18 appeared on BitcoinEthereumNews.com.
SOL, at its current price of 83.28$, is advancing towards critical supports within a downward trend. 78.59$ shows strong MTF alignment as the primary buying zone, while 87.40$ resistance will test short-term recovery efforts. Current Price Position and Critical Levels SOL is trading at 83.28$ in a bearish position within the overall structure. With a 2.32% drop over 24 hours, it is stuck in the 82.78$-86.09$ range and RSI at 34.11 is approaching the oversold region. The price is giving a short-term bearish signal as it remains below EMA20 (92.47$); Supertrend is also bearish with 105.33$ resistance. On a broader scale, 10 strong levels were identified in 1D/3D/1W timeframes: 1 support/2 resistances on 1D, 2S/2R on 3D, 2S/4R confluence on 1W. This indicates the price might hunt liquidity – stop-loss hunt below, rejection with weak momentum above expected. Volume at 3.13B$ is moderate, but a decreasing trend in the downtrend could signal buying. Support Levels: Buyer Pools Primary Support The 78.5925$ level (score: 70/100) stands out as SOL’s most critical primary support zone. This level aligns with a strong order block on the 1W timeframe; in October 2025, it saw a sharp rejection here, leaving high-volume buy traces. On the 3D chart, it has been tested as a demand zone, with confluence from Fibonacci 0.618 retracement and EMA50 (around 78.20$). Historically tested 3 times, each yielding a 5%+ bounce. Volume profile’s POC (Point of Control) concentrates in this area, suggesting institutional buyers may have accumulated positions here. If price reaches here, reversal potential is high after liquidity grab – invalidation on a break below 77.50$. Secondary Support and Stop Levels Secondary supports include the 82.00$-82.78$ intraday low zone (1D swing low) and 75.00$ (1W EMA200 confluence). Around 82$, it has formed a weak liquidity pool with low-volume tests in the…
Filed under: News - @ February 18, 2026 2:28 pm