🚀$SOL is recovering a key level
SOL has shown a strong recovery from the $64 to $70 range and is now testing the upper boundary of the $105 range after a long period of consolidation.
📊Key level to watch:
The main inflection point is $105. If SOL can recover and hold above this level, the prior resistance could turn into support, opening the way to $120, then $180, and potentially $250.
⚠️Risk remains:
If SOL falls below $105 and fails to reclaim that level, the recovery could lose momentum. A drop below $92 would significantly weaken the current bullish scenario.
Market analysis:
SOL’s recovery is encouraging, but the real confirmation will come from how price behaves around $105. Instead of chasing the first breakout, I would look for a pullback or a successful retest.
If buyers can defend this level, the uptrend structure becomes more constructive.📈
#analysis #solana #bullish #OktaCrowdStrikeSurgeOnEarningsBeat #DollarPostsBiggestGainInNearlyFourWeeks
SOL has shown a strong recovery from the $64 to $70 range and is now testing the upper boundary of the $105 range after a long period of consolidation.
📊Key level to watch:
The main inflection point is $105. If SOL can recover and hold above this level, the prior resistance could turn into support, opening the way to $120, then $180, and potentially $250.
⚠️Risk remains:
If SOL falls below $105 and fails to reclaim that level, the recovery could lose momentum. A drop below $92 would significantly weaken the current bullish scenario.
Market analysis:
SOL’s recovery is encouraging, but the real confirmation will come from how price behaves around $105. Instead of chasing the first breakout, I would look for a pullback or a successful retest.
If buyers can defend this level, the uptrend structure becomes more constructive.📈
#analysis #solana #bullish #OktaCrowdStrikeSurgeOnEarningsBeat #DollarPostsBiggestGainInNearlyFourWeeks
