SOL/USDT 1D Analysis:
Overall Trend: Strong bullish trend, currently in a short-term pullback/consolidation
Support: $97.0 – $98.0 (key near-term support)
Resistance: $103.0 – $105.0, then $109.0 – $110.0 MA
Signals: Price remains above the major moving averages, keeping the medium-term structure bullish; short-term
MA is turning slightly bearish
Volume: Elevated during the breakout, but declining during the pullback — momentum is cooling
Summary: Bullish overall as long as SOL holds above $97. A break below $97 could trigger a deeper correction toward $93–95.
Watch for a breakout above $105 for a possible retest of $110+ and continuation of the bullish move.
#solana $SOL
Overall Trend: Strong bullish trend, currently in a short-term pullback/consolidation
Support: $97.0 – $98.0 (key near-term support)
Resistance: $103.0 – $105.0, then $109.0 – $110.0 MA
Signals: Price remains above the major moving averages, keeping the medium-term structure bullish; short-term
MA is turning slightly bearish
Volume: Elevated during the breakout, but declining during the pullback — momentum is cooling
Summary: Bullish overall as long as SOL holds above $97. A break below $97 could trigger a deeper correction toward $93–95.
Watch for a breakout above $105 for a possible retest of $110+ and continuation of the bullish move.
#solana $SOL
