đ $SOL Bulls Are Testing the Breakout Zone â Can This Rally Continue? đ„
$SOL is showing strong bullish momentum, with price around $109.22 after a sharp move from the $70.58 area. Volume has expanded heavily, while all three timeframes are showing improving momentum. đ
â±ïž 1H â Momentum Check
The 1H chart is bullish, but the rejection from $110.60 shows sellers are active near the top. Holding $107â$108 could keep buyers in control and give SOL another shot at the resistance. đ
đ 4H â Breakout Structure
The 4H chart remains strongly constructive, with price holding above the key moving averages. As long as $104â$105 acts as support, the current bullish structure remains intact. đ„
đ 1D â Bigger Picture
Daily momentum has turned strongly positive, with SOL trading well above the MA7, MA25 and MA99. A sustained move above $110.60 could open the door toward $115â$120. đ
đŻ Key Levels
đą Support: $107â$108
đĄ Major support: $104â$105
đŽ Resistance: $110.60
đ Breakout targets: $115 â $120
â ïž Losing $104 could trigger a deeper pullback.
đ My view: Bullish while support holds, but after such a fast move, a pullback/retest would be healthier than chasing the top.
Would you wait for a $107â$108 retest, or are you expecting $110.60 to break first? đđ„
#XRPLeadsCryptoPullbackDropsNearly7% #ChinaOpposesUSProposed7.5%Tariff #DollarPostsBiggestGainInNearlyFourWeeks #BankOfKoreaHikesRatesTo3%
$SOL is showing strong bullish momentum, with price around $109.22 after a sharp move from the $70.58 area. Volume has expanded heavily, while all three timeframes are showing improving momentum. đ
â±ïž 1H â Momentum Check
The 1H chart is bullish, but the rejection from $110.60 shows sellers are active near the top. Holding $107â$108 could keep buyers in control and give SOL another shot at the resistance. đ
đ 4H â Breakout Structure
The 4H chart remains strongly constructive, with price holding above the key moving averages. As long as $104â$105 acts as support, the current bullish structure remains intact. đ„
đ 1D â Bigger Picture
Daily momentum has turned strongly positive, with SOL trading well above the MA7, MA25 and MA99. A sustained move above $110.60 could open the door toward $115â$120. đ
đŻ Key Levels
đą Support: $107â$108
đĄ Major support: $104â$105
đŽ Resistance: $110.60
đ Breakout targets: $115 â $120
â ïž Losing $104 could trigger a deeper pullback.
đ My view: Bullish while support holds, but after such a fast move, a pullback/retest would be healthier than chasing the top.
Would you wait for a $107â$108 retest, or are you expecting $110.60 to break first? đđ„
#XRPLeadsCryptoPullbackDropsNearly7% #ChinaOpposesUSProposed7.5%Tariff #DollarPostsBiggestGainInNearlyFourWeeks #BankOfKoreaHikesRatesTo3%
