← Back to All Recommendations
SOL
BUY
Generated 12 days ago
(January 19, 2026 at 09:00 AM)
Confidence Score
74.0%
High Confidence
Signal Analysis
Type:
🟢 Bullish
Action:
BUY
Asset:
SOL
🎯 Take Profit Target
Recommended Take Profit Price
$138
▲
3.28%
from current price
This is the primary price target for executing your trade. Place your take profit order at this level for optimal risk/reward based on current technical analysis.
Price Forecasts
7 Day
$138
▲
3.28%
from current
30 Day
$145
▲
8.74%
from current
90 Day
$158
▲
18.08%
from current
Detailed Reasoning
SOL is in a clear short-term downtrend (price below EMA12/26/50/200 and EMA12
Key Factors
1
RSI(14)=12 indicates extreme oversold/capitulation conditions favoring a rebound
2
Price stabilization after a sharp dump and proximity to the lower Bollinger band ($129.64)
3
Bearish trend/EMAs and negative MACD make this a counter-trend long requiring tight risk controls
Risk Assessment
Moderate-to-high risk: broader trend is bearish and MACD is still negative, so a failed bounce could retest $129.6 and potentially the $123.7 swing low. Use tight stop and size conservatively.
Market Context
Bearish market structure with price below key EMAs, but short-term momentum is extremely oversold and transitioning into consolidation after a capitulation drop.
Technical Data
Current Price
$133.81
24h Change
-6.11%
Trend
Bearish
RSI
12.00
Oversold
Exponential Moving Averages
EMA 12
135.38
BELOW
EMA 26
137.96
BELOW
EMA 50
140.03
BELOW
EMA 200
141.11
BELOW
Bollinger Bands
Upper:
146.70
Middle:
138.17
Lower:
129.64