$SOL is up 2.3% on the day with a 90-day gain of 37%, and price is holding above 106 after a strong rebound from the 103.54 low.
Dips keep getting bought around 105.38 and the latest 1h candle is back above 106.40, so buyers still hold the short-term structure.
EP
105.90 - 106.70
TP
107.45
108.25
109.40
SL
104.90
The sweep at 103.54 cleared sell-side liquidity and was followed by an impulsive leg through 105.38 that left little overlap behind it. The tag of 108.25 printed a clear rejection, so resting offers and breakout stops are stacked at that high. Since then, price has ranged between 105.40 and 107.20 with wicks absorbed on both sides, which reads as balance rather than a reversal. A 1h close above 107.45 puts the 108.25 liquidity back in play, while a loss of 104.90 would break the range floor and invalidate the setup.
Where do you see $SOL heading from here: a clean break of 108 or one more sweep of 105 first? Drop your target below.
Let's go $SOL
Dips keep getting bought around 105.38 and the latest 1h candle is back above 106.40, so buyers still hold the short-term structure.
EP
105.90 - 106.70
TP
107.45
108.25
109.40
SL
104.90
The sweep at 103.54 cleared sell-side liquidity and was followed by an impulsive leg through 105.38 that left little overlap behind it. The tag of 108.25 printed a clear rejection, so resting offers and breakout stops are stacked at that high. Since then, price has ranged between 105.40 and 107.20 with wicks absorbed on both sides, which reads as balance rather than a reversal. A 1h close above 107.45 puts the 108.25 liquidity back in play, while a loss of 104.90 would break the range floor and invalidate the setup.
Where do you see $SOL heading from here: a clean break of 108 or one more sweep of 105 first? Drop your target below.
Let's go $SOL