☀️ End of day close: improves the outlook for $SOL and $BTC .
SOL reacted from 116.73 $USDT and ended near its daily high, trading around 120.30. In addition, it recovered its three 1H moving averages and moved back above the 7-day average, strengthening its short-term structure.
🟢 SOL supports: 119–119.20 | 118.30–118.80 | 116.70–117
🔴 Resistances: 120.40–120.50 | 121.70–122 | 122.80–123 | 124.95–125
#Bitcoin also met an important condition: it recovered 84,600 and advanced to the 85,500 area. It is now trading above its main 1H moving averages, showing a more favorable structure and regaining market leadership.
To confirm the bullish continuation, we need to see SOL consolidating above 120.50 and then breaking 121.70–122. In BTC, the decisive resistance lies between 85,500 and 85,650.
The bias turns moderately bullish, although both assets are still facing important resistances. As long as SOL holds 119 and BTC defends 84,600, the possibility remains open to see a new move toward 123–125 in SOL and 86,500–87,400 in BTC.
Patience 👀: the scenario clearly improved, but now we need volume to confirm the breakout. ☀️✨
#SOL #BTC #Crypto
SOL reacted from 116.73 $USDT and ended near its daily high, trading around 120.30. In addition, it recovered its three 1H moving averages and moved back above the 7-day average, strengthening its short-term structure.
🟢 SOL supports: 119–119.20 | 118.30–118.80 | 116.70–117
🔴 Resistances: 120.40–120.50 | 121.70–122 | 122.80–123 | 124.95–125
#Bitcoin also met an important condition: it recovered 84,600 and advanced to the 85,500 area. It is now trading above its main 1H moving averages, showing a more favorable structure and regaining market leadership.
To confirm the bullish continuation, we need to see SOL consolidating above 120.50 and then breaking 121.70–122. In BTC, the decisive resistance lies between 85,500 and 85,650.
The bias turns moderately bullish, although both assets are still facing important resistances. As long as SOL holds 119 and BTC defends 84,600, the possibility remains open to see a new move toward 123–125 in SOL and 86,500–87,400 in BTC.
Patience 👀: the scenario clearly improved, but now we need volume to confirm the breakout. ☀️✨
#SOL #BTC #Crypto