Solana is bullish, with SOL around $104โ$109 today and momentum accelerating. It recently broke above the $102โ$103 resistance area.
$SOL
* ๐ข Resistance: $105โ$107; a clean break could open the way toward $110+.
* ๐ข Support: around $100โ$102.
* โ ๏ธ Risk: Daily RSI is around 84, meaning SOL is heavily overbought and could pull back before continuing higher.
* ๐ Bias: Bullish while price holds above $100โ$102.
* ๐ป If $100 breaks decisively, watch for a deeper pullback toward the $95 area.
My view: Donโt chase a big green candle. A pullback that holds $100โ$102 would give a healthier bullish setup.
$SOL
* ๐ข Resistance: $105โ$107; a clean break could open the way toward $110+.
* ๐ข Support: around $100โ$102.
* โ ๏ธ Risk: Daily RSI is around 84, meaning SOL is heavily overbought and could pull back before continuing higher.
* ๐ Bias: Bullish while price holds above $100โ$102.
* ๐ป If $100 breaks decisively, watch for a deeper pullback toward the $95 area.
My view: Donโt chase a big green candle. A pullback that holds $100โ$102 would give a healthier bullish setup.
