SOLANA (SOL): BUY NOW
SOL is trading around $106.5 after breaking and holding above the $100 level. The recent move is supported by strong institutional demand, with U.S. spot Solana ETFs recording substantial inflows and Bitwise’s BSOL surpassing $1B in assets under management.
Entry: $105.5–$107.5
Support: $103–$104
Resistance: $110
Target 1: $115
Target 2: $120
Invalidation: Daily close below $103
Bullish scenario: SOL holds above $103–$104 and breaks $110. That would strengthen the continuation setup toward $115 and potentially $120.
Bearish scenario: SOL loses $103 and fails to reclaim it. The breakout would weaken and $97 becomes the next major support.
Conclusion: BUY NOW
The main risk is a rejection around $110 after the recent rally. The trade remains bullish while SOL holds the $103–$104 support zone.
#SOL #Solana #Crypto #Binance #Trading #SOLUSDT
SOL is trading around $106.5 after breaking and holding above the $100 level. The recent move is supported by strong institutional demand, with U.S. spot Solana ETFs recording substantial inflows and Bitwise’s BSOL surpassing $1B in assets under management.
Entry: $105.5–$107.5
Support: $103–$104
Resistance: $110
Target 1: $115
Target 2: $120
Invalidation: Daily close below $103
Bullish scenario: SOL holds above $103–$104 and breaks $110. That would strengthen the continuation setup toward $115 and potentially $120.
Bearish scenario: SOL loses $103 and fails to reclaim it. The breakout would weaken and $97 becomes the next major support.
Conclusion: BUY NOW
The main risk is a rejection around $110 after the recent rally. The trade remains bullish while SOL holds the $103–$104 support zone.
#SOL #Solana #Crypto #Binance #Trading #SOLUSDT
