$SOL Breaks $107: Is a Push to $120 Next?
Solana ($SOL ) has shown impressive momentum on the 4-hour chart, pushing past the $107 resistance level with solid volume support.
đ Key Technical Highlights:
24h High: $108.00
24h Low: $95.47
Trend: Strong bullish higher-high structure on the 4H timeframe.
⥠What to Watch:
Support Zone: A retest of the $102â$105 area could act as a healthy pullback zone to form a higher low.
Next Resistance: Clean breakout above $108 opens the doors toward $115 â $120.
â ïž Risk Management Tip: Avoid chasing at resistance. Wait for a confirmation breakout or a pullback to structural support before taking positions. Always set stop-losses!
Whatâs your planâholding, taking profit, or waiting for a dip? Let me know below! đ
#Solana #SOL #CryptoTrading #BinanceSquare #TechnicalAnalysis
Solana ($SOL ) has shown impressive momentum on the 4-hour chart, pushing past the $107 resistance level with solid volume support.
đ Key Technical Highlights:
24h High: $108.00
24h Low: $95.47
Trend: Strong bullish higher-high structure on the 4H timeframe.
⥠What to Watch:
Support Zone: A retest of the $102â$105 area could act as a healthy pullback zone to form a higher low.
Next Resistance: Clean breakout above $108 opens the doors toward $115 â $120.
â ïž Risk Management Tip: Avoid chasing at resistance. Wait for a confirmation breakout or a pullback to structural support before taking positions. Always set stop-losses!
Whatâs your planâholding, taking profit, or waiting for a dip? Let me know below! đ
#Solana #SOL #CryptoTrading #BinanceSquare #TechnicalAnalysis