☀️ End of the trading day: the targets were achieved, but strong sales appeared in the higher zones.
$SOL broke through the resistances at 120.50 and 121.70–122, reaching 123.76 $USDT . However, it failed to consolidate the move and pulled back to 117.11, before recovering toward 119.30.
#Bitcoin delivered a similar move: it surpassed 85,650 and reached 87,220, practically our 87,400 target, but then corrected down to 83,888.
🟢 SOL supports: 119–119.20 | 118.30–118.60 | 117–117.30
🔴 Resistances: 120.30–120.50 | 121–122 | 123.76 | 124.95–125
SOL still holds its daily bullish structure and remains above its main long-term moving averages. However, on the 1H timeframe it still needs to reclaim 120.30–120.50 to confirm that the rebound has continuity.
For $BTC , 84,250–84,600 acts as immediate support. To regain momentum, it must break again above 85,400–85,650; above that, 86,500 and 87,200–87,400 reappear.
The market fulfilled the expected bullish paths, but it still couldn’t sustain the breakouts. Now the battle is focused on two levels:
☀️ SOL: 119 as support and 120.50 as confirmation.
₿ BTC: 84,250 as support and 85,650 as confirmation.
We continue to see a positive base structure, but with caution in the short term. If SOL consolidates above 120.50, it could attempt 123–125 again; if it loses 117, a new correction would open. Patience and watch the volume. 👀☀️
#SOL #BTC #Crypto #Solana
$SOL broke through the resistances at 120.50 and 121.70–122, reaching 123.76 $USDT . However, it failed to consolidate the move and pulled back to 117.11, before recovering toward 119.30.
#Bitcoin delivered a similar move: it surpassed 85,650 and reached 87,220, practically our 87,400 target, but then corrected down to 83,888.
🟢 SOL supports: 119–119.20 | 118.30–118.60 | 117–117.30
🔴 Resistances: 120.30–120.50 | 121–122 | 123.76 | 124.95–125
SOL still holds its daily bullish structure and remains above its main long-term moving averages. However, on the 1H timeframe it still needs to reclaim 120.30–120.50 to confirm that the rebound has continuity.
For $BTC , 84,250–84,600 acts as immediate support. To regain momentum, it must break again above 85,400–85,650; above that, 86,500 and 87,200–87,400 reappear.
The market fulfilled the expected bullish paths, but it still couldn’t sustain the breakouts. Now the battle is focused on two levels:
☀️ SOL: 119 as support and 120.50 as confirmation.
₿ BTC: 84,250 as support and 85,650 as confirmation.
We continue to see a positive base structure, but with caution in the short term. If SOL consolidates above 120.50, it could attempt 123–125 again; if it loses 117, a new correction would open. Patience and watch the volume. 👀☀️
#SOL #BTC #Crypto #Solana