$SOL is demonstrating defensive strength compared with Ethereum despite a 4.10% decline. Its position above the daily 200 EMA and continued spot accumulation support the neutral-bullish outlook. The ascending triangle retest is an important technical development. However, traders should monitor Bitcoin's direction and potential weakness in meme-coin liquidity.
📈 Bias: Neutral-Bullish | 🎯 Entry: $139.00–$141.00 | 🛡 Support: $138.00 | 🚧 Resistance: $148.50 | 🎯 Targets: $145.00 / $148.50 / $155.00 | ❌ Invalidation: Below $135.00.
Strategy: Watch for trendline support confirmation or a confirmed breakout above resistance.
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