Happy Friday, loveliest followers! ☀️ A bullish rally and powerful surge kick off our new trading day with excellent buying momentum.
Quick technical update on the blazing $SOL ! 📊 The coin is currently trading at $106.11. Here are the key support and resistance levels on the 15-minute timeframe:
📉 Nearby support levels:
• First support: $105.35 (the yellow MA7 intraday moving average as nearby support).
• Stronger support: $104.46 (the lowest minor swing low from which the current wave began).
🚀 Target resistance levels:
• First resistance: $106.12 (the current intraday high; breaking above it could trigger an explosive move).
• Second resistance: $106.44 (the highest level recorded in the past 24 hours).
💡 The price action of $SOL shows the bulls are firmly in control, and holding above the $106 levels confirms the appetite to continue the rally toward new highs. Share your view in the poll below! 👇
Poll question:
What is SOL's next move after approaching the $106.12 high?
Options:
🟩 Break above the high and continue the surge toward $107
🟥 Pull back slightly to retest support at $105.35
#SOL #CryptoTrading #Altcoins #BinanceSquare
Quick technical update on the blazing $SOL ! 📊 The coin is currently trading at $106.11. Here are the key support and resistance levels on the 15-minute timeframe:
📉 Nearby support levels:
• First support: $105.35 (the yellow MA7 intraday moving average as nearby support).
• Stronger support: $104.46 (the lowest minor swing low from which the current wave began).
🚀 Target resistance levels:
• First resistance: $106.12 (the current intraday high; breaking above it could trigger an explosive move).
• Second resistance: $106.44 (the highest level recorded in the past 24 hours).
💡 The price action of $SOL shows the bulls are firmly in control, and holding above the $106 levels confirms the appetite to continue the rally toward new highs. Share your view in the poll below! 👇
Poll question:
What is SOL's next move after approaching the $106.12 high?
Options:
🟩 Break above the high and continue the surge toward $107
🟥 Pull back slightly to retest support at $105.35
#SOL #CryptoTrading #Altcoins #BinanceSquare