$SOL This wave is really strong. It just pulled up from around $108 and has already surged above $116. The 24-hour gain is close to 8%, and the intraday high has already touched around $117.
Looking back at the past few days’ price action, SOL has rebounded from around $96. On the 18th, it jumped directly from around $100 to above $111. After that, there were some pullbacks, but it didn’t break back down below $110. Today, the price pushed up to $117 again.
Right now, there are two key levels.
For the buy point, don’t chase and grab at $117. The short-term move has already been rising continuously. Wait for a pullback to the $110–$112 area, and see whether it can hold and re-establish itself there. If buy orders can provide support, then you can follow in—this timing will feel much smoother. If the pullback instead drops and breaks below $110, don’t rush to catch it.
As for the sell point, watch what happens near $117. If it continues to break through on increasing volume and holds its ground, that would suggest this upswing isn’t over. But if it keeps pushing higher yet can’t hold—especially if it falls back below $113—then you should be on guard that this surge may start to unwind.
SOL is no longer in that low-level momentum from around $96. Whether the market can absorb the pressure near $117 is the key focus for what happens next.
Looking back at the past few days’ price action, SOL has rebounded from around $96. On the 18th, it jumped directly from around $100 to above $111. After that, there were some pullbacks, but it didn’t break back down below $110. Today, the price pushed up to $117 again.
Right now, there are two key levels.
For the buy point, don’t chase and grab at $117. The short-term move has already been rising continuously. Wait for a pullback to the $110–$112 area, and see whether it can hold and re-establish itself there. If buy orders can provide support, then you can follow in—this timing will feel much smoother. If the pullback instead drops and breaks below $110, don’t rush to catch it.
As for the sell point, watch what happens near $117. If it continues to break through on increasing volume and holds its ground, that would suggest this upswing isn’t over. But if it keeps pushing higher yet can’t hold—especially if it falls back below $113—then you should be on guard that this surge may start to unwind.
SOL is no longer in that low-level momentum from around $96. Whether the market can absorb the pressure near $117 is the key focus for what happens next.