Good morning everyone, Solana liquidity is being tested at the $98 psychological line. 🌞
The $SOL chart shows a clean retrace from 105.80 as macro pressure and cooling ETF flows force a flush toward the 95.82 support. This is a structural reset, not a trend failure, with DEX volume holding above $3T and tokenized equity addresses crossing 800,000.
The Transaction V1 upgrade went live on September 15, expanding data capacity to 4,096 bytes, while rent reform unlocks 612,000 $SOL back into user wallets.
Trade Plan
Buy Zone: 95.50 - 97.50
TP1: 104.50
TP2: 110.00
Invalidation: 4H close below 95.00
I am waiting for $SOL to reclaim the 100 level with conviction before scaling in, rather than catching this falling knife mid-air.
Are you buying this support test or waiting for the V1 momentum to kick in? Follow for elite spot setups. DYOR. Trade here 👇🏻
The $SOL chart shows a clean retrace from 105.80 as macro pressure and cooling ETF flows force a flush toward the 95.82 support. This is a structural reset, not a trend failure, with DEX volume holding above $3T and tokenized equity addresses crossing 800,000.
The Transaction V1 upgrade went live on September 15, expanding data capacity to 4,096 bytes, while rent reform unlocks 612,000 $SOL back into user wallets.
Trade Plan
Buy Zone: 95.50 - 97.50
TP1: 104.50
TP2: 110.00
Invalidation: 4H close below 95.00
I am waiting for $SOL to reclaim the 100 level with conviction before scaling in, rather than catching this falling knife mid-air.
Are you buying this support test or waiting for the V1 momentum to kick in? Follow for elite spot setups. DYOR. Trade here 👇🏻
