SOL: Where could the next strong move start? 👀
Right now, SOL is trading around $101. On the 4H chart, a potential bullish reversal is forming, but there’s still no confirmation.
What I see in the market: • support: $100.25, below that an important zone at $99.4
• first barrier: $101.3
• strength confirmation zone: $102.3–103
• then watch $105–106 and $107–110
As long as funding is calm, Open Interest isn’t sharply overheated, and the taker flow still doesn’t show a clear advantage for buyers. In other words, the market looks more like energy accumulation rather than an already-launched impulse.
The most interesting near-term window: September 15–17. Reasons: Solana updates + FOMC, which could sharply increase volatility.
For real bullish confirmation, I’d look for a combination of:
price > $102.3–103 + spot volume growth + taker buy/sell > 1 + OI rising along with price.
If SOL loses $100.25, and especially $99.4, the short-term bullish structure weakens noticeably.
Right now it’s not a “rocket that has already taken off,” but rather the engines are warming up 🚀
#MarketAnalysis #sol #Solana #crypto #trading
Right now, SOL is trading around $101. On the 4H chart, a potential bullish reversal is forming, but there’s still no confirmation.
What I see in the market: • support: $100.25, below that an important zone at $99.4
• first barrier: $101.3
• strength confirmation zone: $102.3–103
• then watch $105–106 and $107–110
As long as funding is calm, Open Interest isn’t sharply overheated, and the taker flow still doesn’t show a clear advantage for buyers. In other words, the market looks more like energy accumulation rather than an already-launched impulse.
The most interesting near-term window: September 15–17. Reasons: Solana updates + FOMC, which could sharply increase volatility.
For real bullish confirmation, I’d look for a combination of:
price > $102.3–103 + spot volume growth + taker buy/sell > 1 + OI rising along with price.
If SOL loses $100.25, and especially $99.4, the short-term bullish structure weakens noticeably.
Right now it’s not a “rocket that has already taken off,” but rather the engines are warming up 🚀
#MarketAnalysis #sol #Solana #crypto #trading