$SOL (Solana) — Current Trading Analysis 📊
Current price: around $106–107 �
The Cryptonomist +1
📈 Trend: Bullish, with SOL holding above major moving averages.
⚠️ Momentum: Very strong but overbought; daily RSI is around 80–84. �
The Cryptonomist +1
🟢 Support: $105–$107
🔴 Resistance: $109–$110, then $120
🚀 A breakout above $110 could open the way toward $120+.
📉 If $105 breaks, a deeper pullback becomes more likely.
Trading view: Bullish, but avoid chasing after a sharp move; wait for confirmation or a healthy pullback. DYOR.
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