$SOL Latest Analysis - Oct 20*
- *Price:* $104.02 (-1.82% / -$1.93) | PKR ~Rs 28,788
- *24H:* High $105.97 / Low $103.54 | Market Cap $62B
- *Trend:* Short-term Bearish. Price below $105.97 resistance, continuous lower highs since Oct 14. Holding above critical $100 support
- *Key Levels:*
- Support: $103.54 (daily low) → $100.00 (key psychological, buyers defending)
- Resistance: $105.97 → $120 (target if liquidity recovers, +15.36%)
- *Outlook:* Sellers trying to push below $100 all week but met with strong buying. Need to clear $114 to break bearish structure. Control size, buy dips strategy recommended below $100
- *Catalyst:* Alpenglow Upgrade - Oct 21 (tomorrow) - Finality 13s → 150ms. Volatility expected. Could drive move to $120-$150 if successful 744d
#SkyAISellsAllSOLAndLaunchesCashTenderOffer #KOSPIFallsMoreThan2% #ElicePlunges33%InKoreanIPODebut
- *Price:* $104.02 (-1.82% / -$1.93) | PKR ~Rs 28,788
- *24H:* High $105.97 / Low $103.54 | Market Cap $62B
- *Trend:* Short-term Bearish. Price below $105.97 resistance, continuous lower highs since Oct 14. Holding above critical $100 support
- *Key Levels:*
- Support: $103.54 (daily low) → $100.00 (key psychological, buyers defending)
- Resistance: $105.97 → $120 (target if liquidity recovers, +15.36%)
- *Outlook:* Sellers trying to push below $100 all week but met with strong buying. Need to clear $114 to break bearish structure. Control size, buy dips strategy recommended below $100
- *Catalyst:* Alpenglow Upgrade - Oct 21 (tomorrow) - Finality 13s → 150ms. Volatility expected. Could drive move to $120-$150 if successful 744d
#SkyAISellsAllSOLAndLaunchesCashTenderOffer #KOSPIFallsMoreThan2% #ElicePlunges33%InKoreanIPODebut