🚨 SOL HAS TOUCHED 110$ — BUT THIS IS THE MOST IMPORTANT MOMENT!
SOL is making a move that has made quite a few people look back at the chart. 👀
From the 75–80$ area, SOL has risen very quickly and is currently trading around 107$, after hitting as high as 110.60$ in the session.
But what I care about isn’t:
❌ “How much % did SOL increase?”
Instead it’s:
👉 After this breakout, will SOL hold this new price zone or not?
📊 Looking at the 1D chart:
🟢 SOL is trading above the MA7 ~100.5$
🟢 MA25 ~83.9$
🟢 MA99 ~77.2$
All three moving averages are below the price and are showing a fairly clear bullish structure.
Especially, SOL has escaped a long accumulation phase around the 70–80$ range.
But 110.6$ is the first test.
If SOL can break above the 110–111$ zone and hold the price well above it, the next area I’ll be watching is around 113–117$.
On the other hand…
🥶 If 110$ becomes a zone that gets heavily sold off, I wouldn’t be surprised if SOL cools down.
Then:
👀 102$ would be the first notable level.
👀 100–101$ is even more worth watching because it’s quite close to the MA7.
And if the pullback goes deeper, the 90–91$ zone would be an area to continue monitoring.
What I don’t want to do right now is FOMO into a green candle.
A strong uptrend doesn’t mean price will keep rising straight up forever.
🔥 Break 110$ and hold it → very noteworthy.
⚠️ Rejected at 110$ → we need to see how price reacts around 102–100$.
SOL is facing a pretty interesting test.
Do you think SOL will break right through 110$ or will it return to test 100$ first? 👇
$SOL
#solana #sol #crypto #BinanceSquare #Altcoin
SOL is making a move that has made quite a few people look back at the chart. 👀
From the 75–80$ area, SOL has risen very quickly and is currently trading around 107$, after hitting as high as 110.60$ in the session.
But what I care about isn’t:
❌ “How much % did SOL increase?”
Instead it’s:
👉 After this breakout, will SOL hold this new price zone or not?
📊 Looking at the 1D chart:
🟢 SOL is trading above the MA7 ~100.5$
🟢 MA25 ~83.9$
🟢 MA99 ~77.2$
All three moving averages are below the price and are showing a fairly clear bullish structure.
Especially, SOL has escaped a long accumulation phase around the 70–80$ range.
But 110.6$ is the first test.
If SOL can break above the 110–111$ zone and hold the price well above it, the next area I’ll be watching is around 113–117$.
On the other hand…
🥶 If 110$ becomes a zone that gets heavily sold off, I wouldn’t be surprised if SOL cools down.
Then:
👀 102$ would be the first notable level.
👀 100–101$ is even more worth watching because it’s quite close to the MA7.
And if the pullback goes deeper, the 90–91$ zone would be an area to continue monitoring.
What I don’t want to do right now is FOMO into a green candle.
A strong uptrend doesn’t mean price will keep rising straight up forever.
🔥 Break 110$ and hold it → very noteworthy.
⚠️ Rejected at 110$ → we need to see how price reacts around 102–100$.
SOL is facing a pretty interesting test.
Do you think SOL will break right through 110$ or will it return to test 100$ first? 👇
$SOL
#solana #sol #crypto #BinanceSquare #Altcoin
