SOL has been maintaining a strong 1H structure, climbing from the $88 area into the $100 region. After breaking above the previous consolidation, price is now cooling off near the psychological $100 level instead of showing a major reversal.
A retracement toward $95-$96 would be the key area to watch. This zone lines up with the recent breakout structure, so a clean reaction there could give buyers another opportunity to push higher.
The next upside objective sits around $103-$105. If $SOL holds above the $95-$96 demand zone and reclaims the recent highs, momentum could continue toward that area without needing a deeper correction.
Losing $95 would weaken the current setup and could send price back toward the $92-$93 region. Until then, the 1H chart still favors buying strength on confirmed pullbacks rather than chasing the move around $100.
#SOL #Crypto #Macro Insights#
A retracement toward $95-$96 would be the key area to watch. This zone lines up with the recent breakout structure, so a clean reaction there could give buyers another opportunity to push higher.
The next upside objective sits around $103-$105. If $SOL holds above the $95-$96 demand zone and reclaims the recent highs, momentum could continue toward that area without needing a deeper correction.
Losing $95 would weaken the current setup and could send price back toward the $92-$93 region. Until then, the 1H chart still favors buying strength on confirmed pullbacks rather than chasing the move around $100.
#SOL #Crypto #Macro Insights#
