I’m watching $SOL Perp around $105.39 after a solid +3.35% move in the last 24 hours.
Today’s range has been relatively tight between $101.94 and $107.00, but the important part is that SOL is now trading closer to the daily high. Volume is also active, with roughly $1.52B in USDT turnover over 24 hours.
The $107 area is the immediate resistance I’m watching. A clean break and hold above it could open the door for further upside. On the downside, $103–$102 remains the first support zone.
My view: bullish momentum is present, but I wouldn’t chase directly into resistance.
TRADE SETUP
Entry: $104.00–$105.00 on confirmation
TP1: $107.00
TP2: $110.00
Stop Loss: Below $101.80
If SOL loses the $102 support area, the bullish setup becomes weaker.
The market is volatile, so always manage your own risk.
$SOL
Today’s range has been relatively tight between $101.94 and $107.00, but the important part is that SOL is now trading closer to the daily high. Volume is also active, with roughly $1.52B in USDT turnover over 24 hours.
The $107 area is the immediate resistance I’m watching. A clean break and hold above it could open the door for further upside. On the downside, $103–$102 remains the first support zone.
My view: bullish momentum is present, but I wouldn’t chase directly into resistance.
TRADE SETUP
Entry: $104.00–$105.00 on confirmation
TP1: $107.00
TP2: $110.00
Stop Loss: Below $101.80
If SOL loses the $102 support area, the bullish setup becomes weaker.
The market is volatile, so always manage your own risk.
$SOL
