$SOL is showing strong signs of a local bottom and buyers are stepping in right off the support zone!
📊 Technical Setup & Analysis:
Support Holding Strong: After a healthy dip, price found solid demand near the lower bounds and printed a strong green reversal candle.
Momentum Shifting: On the 15m timeframe, the market structure is pivoting back upwards with early breakout confirmation.
Upside Target: Watching for continuation towards the $65.4B - $66.2B market cap levels (approx local resistance).
#solana #SolanaStrong
📊 Technical Setup & Analysis:
Support Holding Strong: After a healthy dip, price found solid demand near the lower bounds and printed a strong green reversal candle.
Momentum Shifting: On the 15m timeframe, the market structure is pivoting back upwards with early breakout confirmation.
Upside Target: Watching for continuation towards the $65.4B - $66.2B market cap levels (approx local resistance).
#solana #SolanaStrong