The RSI has experienced a significant decline, although in the short term the trend continues to reflect bullish momentum. Taking profits could shake this trend and will mark a correction in the coming days, reaching levels again between $88–$90. What do you think 👇🏼👇🏼
SOL maintains a clearly bullish structure with a sequence of higher highs and higher lows.
On the chart, several technical signals stand out: ✅ Double bottom with bullish confirmation. ✅ Consecutive bounces off the EMA20, acting as dynamic support. ✅ Breakout above a prior resistance with an increase in volume. ✅ Consolidation just below a key resistance, which could be anticipating a major move.
Currently, the 82.78–83.83 USD zone is the level the market needs to break above to confirm the continuation of the uptrend. As long as the price remains above the EMA20, the technical bias continues to favor buyers.
For now, I don’t see clear signs of a trend reversal; the behavior is more consistent with a pause within a bullish structure than with exhaustion of the move.
📌 Key levels to watch:
* Support: 78.20 USD (EMA20). * Resistance: 82.78–83.83 USD. * A breakout with volume could pave the way toward the next target zone.
Do you think SOL will break the resistance on this attempt, or will we see a pullback first to grab liquidity? $SOL #SolanaStrong #BinanceSquareTalks