SOL key strategy: $98 is the lifeline for bulls; as long as it holds, the upward structure remains intact. On the upside, $110 is the short-term dividing line; a decisive breakout above it opens up bullish room toward $152. Conversely, once the daily close falls below $90, this bullish setup is truly invalidated.
The current price is $106.02, sitting about 8% above the $98 support and less than 4% below the $110 resistance. Bulls have the advantage, but it is not yet the time to confirm a breakout. In range-bound trading, as long as $98 holds, the position can be maintained; a volume-backed move above $110 is the signal to add. #SOL
The current price is $106.02, sitting about 8% above the $98 support and less than 4% below the $110 resistance. Bulls have the advantage, but it is not yet the time to confirm a breakout. In range-bound trading, as long as $98 holds, the position can be maintained; a volume-backed move above $110 is the signal to add. #SOL