📊 $SOL — Daily Market Structure
$SOL has successfully broken above its daily downtrend, signaling a potential shift in market structure. The key level to watch is $73.95, which now acts as critical support.
As long as price holds above this level, buyers retain the advantage and the recovery could extend toward:
🎯 TP1: $78.50
🎯 TP2: $82.00
From a market-psychology perspective, holding $73.95 keeps confidence on the buyers’ side. However, a decisive breakdown below this support could bring selling pressure back and expose $68.40 as the next downside zone.
Key Level: $73.95 | Bias: Bullish above support 📈
$SOL has successfully broken above its daily downtrend, signaling a potential shift in market structure. The key level to watch is $73.95, which now acts as critical support.
As long as price holds above this level, buyers retain the advantage and the recovery could extend toward:
🎯 TP1: $78.50
🎯 TP2: $82.00
From a market-psychology perspective, holding $73.95 keeps confidence on the buyers’ side. However, a decisive breakdown below this support could bring selling pressure back and expose $68.40 as the next downside zone.
Key Level: $73.95 | Bias: Bullish above support 📈