$SOL is around $112–113 after breaking above $110. ETF inflows and staking demand are improving, while recent Solana upgrades are strengthening network performance.
Technical Analysis:
Support: $104–106
Major support: $96–100
Resistance: $118–120
Break above $120: bullish continuation toward $125–130
Trend remains bullish, but SOL is extended after a strong weekly move.
Buy/Sell Plan:
Spot: Buy on pullback around $104–108; take partial profit near $118–120 and $125+.
Futures: Prefer LONG only after support holds or a confirmed breakout above $120. Keep leverage low and use a stop-loss. Avoid chasing at $112–113.
Key level: $120 breakout = stronger bullish signal; $100 loss = caution.
#solana #sol #crypto #Binance
Technical Analysis:
Support: $104–106
Major support: $96–100
Resistance: $118–120
Break above $120: bullish continuation toward $125–130
Trend remains bullish, but SOL is extended after a strong weekly move.
Buy/Sell Plan:
Spot: Buy on pullback around $104–108; take partial profit near $118–120 and $125+.
Futures: Prefer LONG only after support holds or a confirmed breakout above $120. Keep leverage low and use a stop-loss. Avoid chasing at $112–113.
Key level: $120 breakout = stronger bullish signal; $100 loss = caution.
#solana #sol #crypto #Binance
