☀️ $SOL defends an important zone again, but still needs to confirm its recovery.
#SOL is trading around 103.60 $USDT , down nearly 0.9%. Over the past 24 hours, it reached 105.28, dropped to 101.25, and subsequently recovered some of its lost ground.
On the 1H chart, the price managed to move above the 7-period moving average, located near 103.46. However, it remains below the 25- and 99-period moving averages, located around 104.15 and 104.84. For now, the bounce from 101.25 is still a technical rebound, not a confirmed recovery.
🟢 Supports: 103.30–103.50 | 102.20–102.50 | 101.20–101.30 | 100–100.50
🔴 Resistances: 104.10–104.30 | 104.80–105.30 | 106.30–106.50 | 107.40–107.50
$BTC remains practically unchanged near 81,580. On the 1H chart, it is trying to consolidate above its short-term moving averages, but still faces significant resistance between 81,950 and 82,100.
☀️ If #SOL holds 103.30 and recovers 104.30, it could retest the 104.80–105.30 zone. A breakout above this range with volume would open the way toward 106.50 and then 107.44.
⚠️ If it loses 102.20, the likelihood of a return to 101.25 would increase. A break below that low would expose the 100–100.50 and 97.80–98 levels.
The immediate outlook remains neutral to bearish, although the defense of 101.25 shows that buyers are still present. The next move will also depend on whether #BTC holds 81,000–81,200 and manages to break above 81,950–82,100.
For now, patience: the range between 101.25 and 105.30 will probably determine the next significant move. 👀☀️
#BTC #Crypto #Solana
#SOL is trading around 103.60 $USDT , down nearly 0.9%. Over the past 24 hours, it reached 105.28, dropped to 101.25, and subsequently recovered some of its lost ground.
On the 1H chart, the price managed to move above the 7-period moving average, located near 103.46. However, it remains below the 25- and 99-period moving averages, located around 104.15 and 104.84. For now, the bounce from 101.25 is still a technical rebound, not a confirmed recovery.
🟢 Supports: 103.30–103.50 | 102.20–102.50 | 101.20–101.30 | 100–100.50
🔴 Resistances: 104.10–104.30 | 104.80–105.30 | 106.30–106.50 | 107.40–107.50
$BTC remains practically unchanged near 81,580. On the 1H chart, it is trying to consolidate above its short-term moving averages, but still faces significant resistance between 81,950 and 82,100.
☀️ If #SOL holds 103.30 and recovers 104.30, it could retest the 104.80–105.30 zone. A breakout above this range with volume would open the way toward 106.50 and then 107.44.
⚠️ If it loses 102.20, the likelihood of a return to 101.25 would increase. A break below that low would expose the 100–100.50 and 97.80–98 levels.
The immediate outlook remains neutral to bearish, although the defense of 101.25 shows that buyers are still present. The next move will also depend on whether #BTC holds 81,000–81,200 and manages to break above 81,950–82,100.
For now, patience: the range between 101.25 and 105.30 will probably determine the next significant move. 👀☀️
#BTC #Crypto #Solana