☀️ $SOL is trying to stabilize after a sharp correction, but the recovery still needs confirmation.
SOL is trading near 109.70 $USDT after recently falling to 105.71. The price managed to form a temporary base between 108 and 110, although it remains below its 7-day and 25-day moving averages, located around 115.50.
The 1H chart shows an initial sign of balance: SOL has reclaimed its short-term moving average and is battling the 109.90–110 zone. However, low volume indicates that there still isn’t enough buying momentum to confirm a trend change.
🟢 Supports: 109–109.20 | 108.40–108.50 | 107.80–108 | 105.70–106
🔴 Resistances: 109.90–110 | 110.80–111 | 112–112.25 | 113.70–114 | 114.80–115.60
$BTC is also trying to stabilize near 82,590 #USDT after bouncing from 80,393. To improve the overall outlook, it needs to reclaim the 83,350–83,550 range. As long as it remains below this level, the altcoin rebound will remain vulnerable.
☀️ If SOL breaks above 110 and then 111 on strong volume, it could move toward 112–112.25 and then 114.
⚠️ If it loses 108.40, the risk of a move back toward 107–108 and a retest of the 105.71 low would increase.
The immediate outlook is sideways with a bearish bias. A recovery to 112.25 would be the first major confirmation, while the 115–116 zone remains the key resistance SOL will need to overcome to rebuild its bullish structure.
For now, patience: there is stabilization, but no confirmed reversal yet. 👀☀️
#SOL #BTC #USDT #Crypto
SOL is trading near 109.70 $USDT after recently falling to 105.71. The price managed to form a temporary base between 108 and 110, although it remains below its 7-day and 25-day moving averages, located around 115.50.
The 1H chart shows an initial sign of balance: SOL has reclaimed its short-term moving average and is battling the 109.90–110 zone. However, low volume indicates that there still isn’t enough buying momentum to confirm a trend change.
🟢 Supports: 109–109.20 | 108.40–108.50 | 107.80–108 | 105.70–106
🔴 Resistances: 109.90–110 | 110.80–111 | 112–112.25 | 113.70–114 | 114.80–115.60
$BTC is also trying to stabilize near 82,590 #USDT after bouncing from 80,393. To improve the overall outlook, it needs to reclaim the 83,350–83,550 range. As long as it remains below this level, the altcoin rebound will remain vulnerable.
☀️ If SOL breaks above 110 and then 111 on strong volume, it could move toward 112–112.25 and then 114.
⚠️ If it loses 108.40, the risk of a move back toward 107–108 and a retest of the 105.71 low would increase.
The immediate outlook is sideways with a bearish bias. A recovery to 112.25 would be the first major confirmation, while the 115–116 zone remains the key resistance SOL will need to overcome to rebuild its bullish structure.
For now, patience: there is stabilization, but no confirmed reversal yet. 👀☀️
#SOL #BTC #USDT #Crypto