Technical analysis by Ali-Traders-Pro about Symbol SOL: Sell recommendation (1/3/2026)

📊 SOL/USDT Technical Analysis — Range-Bound With Bearish Bias 🔍 🧭 Market Structure Overview Higher Timeframe Context: Price is trading below the major resistance at ~147.14 USDT, which marks the upper boundary of the broader range. Lower Boundary Support: Strong demand zone sits around 116.67 – 115.24 USDT, acting as a key downside magnet if weakness continues. Current Price Area: Around 130–132 USDT, which aligns with a mid-range consolidation zone. 📦 Consolidation Zone (Key Focus Area) Highlighted zone around 131–133 USDT represents prior supply turned resistance. Price recently impulsed into this zone, but momentum is stalling, indicating: Possible distribution Lack of strong follow-through buying This area is acting as a decision point ⚖️ 📉 Momentum & Indicator Insight RSI (lower panel): RSI is elevated (~44+) but still below bullish territory (50+) Suggests bearish-to-neutral momentum Recent RSI spike without breakout = bearish divergence risk ⚠️ 🔄 Projected Price Scenarios 🟥 Primary Scenario – Bearish Rejection (High Probability) Price fails to reclaim and hold above 132–133 USDT Expected move: Short-term pullback Continuation toward 120 USDT Potential full move to 116–115 USDT support This aligns with the lower range liquidity sweep 🧲 🟩 Alternative Scenario – Bullish Break & Hold (Lower Probability) Clean breakout and acceptance above 133–135 USDT Would open path toward: 140 USDT Eventually 147 USDT range high Requires strong volume confirmation 🔊