🚨 SOLANA ($SOL ) AT AN INFLECTION POINT: Historical Support vs. Moving Average Rejection!
For those following altcoin flows, $SOL is testing one of the month's most decisive zones in the $90–$91 range.
📊 What the short-term chart is showing us:
1️⃣ Bottom Support ($90–$91): A zone of strong buyer absorption, with buyers defending key support.
2️⃣ Selling Pressure Zone ($96–$98): An imminent test of the major moving averages (200 EMA), which are acting as resistance.
3️⃣ Compression Pattern: Volatility is narrowing, and a breakout from this channel (up or down) could trigger a strong volatility move for scalpers and day traders!
⚠️ Confirmation must be accompanied by institutional volume. Don't enter early: wait for a bounce from support or confirmation of a resistance breakout!
What's your target for $SOL over the next few days? Click the widget/chart below to track the order book and real-time flows! 👇📈
#Solana #SOL #Trading #AnáliseTécnica #BinanceSquare $SOL
For those following altcoin flows, $SOL is testing one of the month's most decisive zones in the $90–$91 range.
📊 What the short-term chart is showing us:
1️⃣ Bottom Support ($90–$91): A zone of strong buyer absorption, with buyers defending key support.
2️⃣ Selling Pressure Zone ($96–$98): An imminent test of the major moving averages (200 EMA), which are acting as resistance.
3️⃣ Compression Pattern: Volatility is narrowing, and a breakout from this channel (up or down) could trigger a strong volatility move for scalpers and day traders!
⚠️ Confirmation must be accompanied by institutional volume. Don't enter early: wait for a bounce from support or confirmation of a resistance breakout!
What's your target for $SOL over the next few days? Click the widget/chart below to track the order book and real-time flows! 👇📈
#Solana #SOL #Trading #AnáliseTécnica #BinanceSquare $SOL
