$SOL Solana… A rebound toward $103.52 is approaching, but buyers haven’t won the battle yet!
Solana is trying to regain its balance after a series of difficult sessions. But paradoxically, this brief rebound is happening while the daily Relative Strength Index is near 37, and the broader trend remains weak.
COINOTAG data shows the coin is down about 16.37% over the past thirty days, despite making gains today. Overall trading volume reached around $1.49 billion.
Where’s the spot opportunity?
If Solana reclaims $103.52 on a four-hour close and confirms the breakout with a successful retest and rising trading volume, $104.50 becomes the next resistance zone, followed by $107.09 if momentum continues.
But a drop below $100.98 would weaken the rebound and could lead to a retest of $99.13.
Solana is trying to regain its balance after a series of difficult sessions. But paradoxically, this brief rebound is happening while the daily Relative Strength Index is near 37, and the broader trend remains weak.
COINOTAG data shows the coin is down about 16.37% over the past thirty days, despite making gains today. Overall trading volume reached around $1.49 billion.
Where’s the spot opportunity?
If Solana reclaims $103.52 on a four-hour close and confirms the breakout with a successful retest and rising trading volume, $104.50 becomes the next resistance zone, followed by $107.09 if momentum continues.
But a drop below $100.98 would weaken the rebound and could lead to a retest of $99.13.
