☀️$SOL recovers the 100 USDT: a rebound with continuity?
In the screenshots from this morning, SOL/USDT is trading around 100.56 USDT. In the last 24 hours it reached 96.09 and rebounded to 100.89. It’s an interesting recovery after the drop, although resistance levels still need to be broken.
On 1H, the price moved back above its 7, 25, and 99-period moving averages. On the daily chart it’s only slightly above the 7-period average (100.31), but still below the 25-period one (101.88). That’s why the 101–101.88 zone will be the key test.
🔹 If it holds 99.8–100 and breaks above 100.89–101 with volume, it could aim for 101.88 and then 102.3–102.5.
🔹 If it loses 99.8 and 98.8, the 97–96.09 zone would be exposed again.
BTC also rebounded from 75,064 to around 76,590 USDT, though it remains below its daily 7- and 25-period averages. Recovering 76,800–76,900 would help provide continuity to SOL’s move.
My take: buyers defended the drop and reclaimed the 100, but the breakout of 101–101.88 still needs confirmation. Do you see strength to keep the rebound going? 👀
Reading based on the 9:10 screenshots; the daily candle is still forming.
#Cripto #AnálisisTécnico #SOL #BTC
In the screenshots from this morning, SOL/USDT is trading around 100.56 USDT. In the last 24 hours it reached 96.09 and rebounded to 100.89. It’s an interesting recovery after the drop, although resistance levels still need to be broken.
On 1H, the price moved back above its 7, 25, and 99-period moving averages. On the daily chart it’s only slightly above the 7-period average (100.31), but still below the 25-period one (101.88). That’s why the 101–101.88 zone will be the key test.
🔹 If it holds 99.8–100 and breaks above 100.89–101 with volume, it could aim for 101.88 and then 102.3–102.5.
🔹 If it loses 99.8 and 98.8, the 97–96.09 zone would be exposed again.
BTC also rebounded from 75,064 to around 76,590 USDT, though it remains below its daily 7- and 25-period averages. Recovering 76,800–76,900 would help provide continuity to SOL’s move.
My take: buyers defended the drop and reclaimed the 100, but the breakout of 101–101.88 still needs confirmation. Do you see strength to keep the rebound going? 👀
Reading based on the 9:10 screenshots; the daily candle is still forming.
#Cripto #AnálisisTécnico #SOL #BTC