$SOL Recovery Gaining Strength. Is $115 Next?
Solana is showing signs of recovery after bouncing from the $105.71 low.
SOL is now trading around $112.91, up 2.94%, with buyers slowly regaining control on the 4H chart.
Key Levels to Watch:
• Current Price: $112.91
• Immediate Support: $110.50–$111.20
• Strong Support: $108.50
• First Resistance: $113.40
• Next Targets: $115.80 → $117.40
SOL has reclaimed its 7 and 25 period moving averages, which is an encouraging short-term signal. However, price remains below the 99 period MA near $117.43.
My View: A confirmed breakout above $113.40 could open the door toward $115.80 and $117.40. Losing $110.50 may weaken the recovery.
I'm watching for confirmation rather than chasing the move.
Can SOL reclaim $115 this week?
#Solana #SOL #CryptoTrading #Altcoins #CryptoMarket
Solana is showing signs of recovery after bouncing from the $105.71 low.
SOL is now trading around $112.91, up 2.94%, with buyers slowly regaining control on the 4H chart.
Key Levels to Watch:
• Current Price: $112.91
• Immediate Support: $110.50–$111.20
• Strong Support: $108.50
• First Resistance: $113.40
• Next Targets: $115.80 → $117.40
SOL has reclaimed its 7 and 25 period moving averages, which is an encouraging short-term signal. However, price remains below the 99 period MA near $117.43.
My View: A confirmed breakout above $113.40 could open the door toward $115.80 and $117.40. Losing $110.50 may weaken the recovery.
I'm watching for confirmation rather than chasing the move.
Can SOL reclaim $115 this week?
#Solana #SOL #CryptoTrading #Altcoins #CryptoMarket