🚨 $SOL IS PUMPING, BUT CAN BUYERS HOLD THIS LEVEL?
$SOL is trading around $105.89, up more than 5% in the last 24 hours. On the 1H chart, we can see a strong bullish recovery from the $95.82 low, followed by a sharp breakout toward $106.12.
But here’s what I’m watching now:
The RSI(6) is at 85.43, showing strong short-term momentum but also an overheated market. That doesn't automatically mean a dump is coming, but chasing the pump here carries risk.
Key levels to watch:
🔹 Resistance: $106.12–$106.64
🔹 Support: $104.37
🔹 Next support: $102.10
My plan: I want to see whether SOL can hold above the breakout zone and build support. A clean breakout with a successful retest could open the door for further upside. If buyers lose the $104.37 area, a deeper pullback becomes possible.
Don't chase green candles. Watch the structure, wait for confirmation, and manage your risk.
What do you think, my community? Will SOL break $106.64 or see a pullback first? 👀
#StellarActivatesProtocol28At211TPS
$SOL is trading around $105.89, up more than 5% in the last 24 hours. On the 1H chart, we can see a strong bullish recovery from the $95.82 low, followed by a sharp breakout toward $106.12.
But here’s what I’m watching now:
The RSI(6) is at 85.43, showing strong short-term momentum but also an overheated market. That doesn't automatically mean a dump is coming, but chasing the pump here carries risk.
Key levels to watch:
🔹 Resistance: $106.12–$106.64
🔹 Support: $104.37
🔹 Next support: $102.10
My plan: I want to see whether SOL can hold above the breakout zone and build support. A clean breakout with a successful retest could open the door for further upside. If buyers lose the $104.37 area, a deeper pullback becomes possible.
Don't chase green candles. Watch the structure, wait for confirmation, and manage your risk.
What do you think, my community? Will SOL break $106.64 or see a pullback first? 👀
#StellarActivatesProtocol28At211TPS
