📈 SOL bullish, watch for a breakout above 106.22
As of October 19 at 16:57 Beijing time, [Binance SOLUSDT perpetual](https://fapi.binance.com/fapi/v1/ticker/24hr?symbol=SOLUSDT) was trading at 105.62, up 2.38% over 24 hours, with a trading volume of 1.401 billion USDT. Open interest was about 8.976 million SOL, up 1.62% over 24 hours. The funding rate was approximately +0.0098%, while the active buy/sell volume ratio was 1.02 over the same period. Price and open interest rose together, with buyers holding a slight edge. The 1-hour RSI was around 64.7, and both MACD lines were above zero, but the histogram was contracting, suggesting weakening momentum for chasing the rally.
The outlook is bullish over the next 4–24 hours, with a likely retest of resistance at 106.22 after a pullback to support at 105.0. A breakout on increased volume could put 107.3 in reach. If the 1-hour candle closes below 104.8, the bullish outlook is invalidated, and the price could retreat to 103.7.
#SOL #Solana #加密货币 #Binance
As of October 19 at 16:57 Beijing time, [Binance SOLUSDT perpetual](https://fapi.binance.com/fapi/v1/ticker/24hr?symbol=SOLUSDT) was trading at 105.62, up 2.38% over 24 hours, with a trading volume of 1.401 billion USDT. Open interest was about 8.976 million SOL, up 1.62% over 24 hours. The funding rate was approximately +0.0098%, while the active buy/sell volume ratio was 1.02 over the same period. Price and open interest rose together, with buyers holding a slight edge. The 1-hour RSI was around 64.7, and both MACD lines were above zero, but the histogram was contracting, suggesting weakening momentum for chasing the rally.
The outlook is bullish over the next 4–24 hours, with a likely retest of resistance at 106.22 after a pullback to support at 105.0. A breakout on increased volume could put 107.3 in reach. If the 1-hour candle closes below 104.8, the bullish outlook is invalidated, and the price could retreat to 103.7.
#SOL #Solana #加密货币 #Binance