☀️ $SOL is rebounding from the lows, but still needs to confirm the recovery.
#SOL closes the session near 105.40 $USDT , up approximately 1.1%. Over the past 24 hours, it fell to 100.62 before recovering strongly and reaching a high of 106.51.
On the 1H chart, the price managed to reclaim the 25-period moving average, around 104.08. However, it remains below the 7- and 99-period moving averages, near 105.77 and 106.87. This indicates a short-term recovery that still needs stronger buying volume to turn into a trend reversal.
🟢 Support: 105–105.20 | 103.80–104.10 | 102–102.30 | 100.60–101
🔴 Resistance: 105.80–106 | 106.50–106.90 | 107.40–108 | 108.70–109.30
$BTC also rebounded from its low of 79,800 and is trading around 82,310. The recovery is positive, although it still faces significant resistance between 82,700 and 83,000.
☀️ If #SOL holds the 104–105 zone and breaks above 106.90 with volume, the rebound could extend toward 108–109. A breakout above that range would reopen the path toward 112.
⚠️ If it falls below 103.80, the likelihood of a return to 102 and then 100.60 would increase. Losing this latter level would significantly weaken the recovery.
The immediate outlook is for stabilization with the possibility of further gains, but there is still no definitive confirmation. The next move will also depend on whether #BTC can break above 82,700–83,000 and avoid falling back below 81,600.
For now, patience: the rebound from the lows was encouraging, but resistance levels will determine whether this is a genuine recovery or merely a technical bounce. 👀☀️
#BTC #Crypto
#SOL closes the session near 105.40 $USDT , up approximately 1.1%. Over the past 24 hours, it fell to 100.62 before recovering strongly and reaching a high of 106.51.
On the 1H chart, the price managed to reclaim the 25-period moving average, around 104.08. However, it remains below the 7- and 99-period moving averages, near 105.77 and 106.87. This indicates a short-term recovery that still needs stronger buying volume to turn into a trend reversal.
🟢 Support: 105–105.20 | 103.80–104.10 | 102–102.30 | 100.60–101
🔴 Resistance: 105.80–106 | 106.50–106.90 | 107.40–108 | 108.70–109.30
$BTC also rebounded from its low of 79,800 and is trading around 82,310. The recovery is positive, although it still faces significant resistance between 82,700 and 83,000.
☀️ If #SOL holds the 104–105 zone and breaks above 106.90 with volume, the rebound could extend toward 108–109. A breakout above that range would reopen the path toward 112.
⚠️ If it falls below 103.80, the likelihood of a return to 102 and then 100.60 would increase. Losing this latter level would significantly weaken the recovery.
The immediate outlook is for stabilization with the possibility of further gains, but there is still no definitive confirmation. The next move will also depend on whether #BTC can break above 82,700–83,000 and avoid falling back below 81,600.
For now, patience: the rebound from the lows was encouraging, but resistance levels will determine whether this is a genuine recovery or merely a technical bounce. 👀☀️
#BTC #Crypto