SOL is currently at $95.38 and this area looks interesting to watch
sol is holding above the $93 - $94 demand zone while the ascending trendline is still supporting price
if buyers continue defending this area, i would expect a move toward $100.74 first, with $104.58 as the next target
the setup i'm watching is simple:
demand: $93 - $94
• target 1: $100.74
• target 2: $104.58
sl: below the demand zone
if the demand holds, sol could push higher from here.
but if we lose the zone and the trendline with strong momentum, this setup is invalidated
for now, i'm watching the reaction around demand. this is where the next move could start. ^^
sol is holding above the $93 - $94 demand zone while the ascending trendline is still supporting price
if buyers continue defending this area, i would expect a move toward $100.74 first, with $104.58 as the next target
the setup i'm watching is simple:
demand: $93 - $94
• target 1: $100.74
• target 2: $104.58
sl: below the demand zone
if the demand holds, sol could push higher from here.
but if we lose the zone and the trendline with strong momentum, this setup is invalidated
for now, i'm watching the reaction around demand. this is where the next move could start. ^^