$SOL Recovery or Another Rejection?
On this 4H chart, SOL sits near $104.74, below the MA25 at $105.33 and MA99 at $112.98. The broader trend remains under pressure.
A sustained close above $105.33 could open a retest of $106.81–$107.20. Stronger volume would make that recovery more convincing.
Support sits around $102.49, followed by the $100.62 swing low. Losing these levels would weaken the rebound.
My view: confirmation first. A small bounce alone doesn’t confirm a reversal.
Can SOL reclaim $107.20?
#Solana #SOL #Crypto #Altcoins #TechnicalAnalysis
On this 4H chart, SOL sits near $104.74, below the MA25 at $105.33 and MA99 at $112.98. The broader trend remains under pressure.
A sustained close above $105.33 could open a retest of $106.81–$107.20. Stronger volume would make that recovery more convincing.
Support sits around $102.49, followed by the $100.62 swing low. Losing these levels would weaken the rebound.
My view: confirmation first. A small bounce alone doesn’t confirm a reversal.
Can SOL reclaim $107.20?
#Solana #SOL #Crypto #Altcoins #TechnicalAnalysis