$SOL 🔥 SOLANA ($SOL ) — Is This Pullback a Buy or a Warning?
$SOL is trading around $96.65, down 4.48%, after getting rejected near the $103.08 area on the 4H chart.
📊 Current Status:
SOL remains above the MA(25) at $95.94 and far above the MA(99) at $83.00, so the broader 4H structure is still constructive. However, short-term momentum has weakened as price slipped below the MA(7) at $97.92.
🟢 Buy Zone:
$94.50–$96.00 — interesting support area if buyers defend the MA(25) and price forms a bullish reversal.
🟡 Wait Zone:
If SOL stays between $96–$99, patience may be better. Avoid chasing until momentum returns.
🚀 Breakout:
A strong 4H close above $99–$100 could reopen the path toward $103.08 and potentially higher.
🛑 Invalidation:
A decisive breakdown below $94 would weaken the setup. Below $91.80, the correction could become deeper.
🎯 Targets:
$99 → $103 → $108 → $112
🚀 Bullish Scenario:
SOL holds $94–$96, reclaims $98–$100 with volume, and challenges the recent $103.08 high. A breakout above $103 could trigger another momentum leg.
🐻 Bearish Scenario:
Failure to hold $94 could send SOL toward $91.80, with $88–$90 becoming the next area to watch.
🧠 Verdict:
The trend isn't broken yet, but $94–$96 is the key battlefield. I would rather wait for confirmation than blindly chase the current price.
💬 Question:
Do you think $SOL will reclaim $103 or fall toward $90 first?
#SOL #Solana #Crypto #BinanceSquare #altcoins
$SOL is trading around $96.65, down 4.48%, after getting rejected near the $103.08 area on the 4H chart.
📊 Current Status:
SOL remains above the MA(25) at $95.94 and far above the MA(99) at $83.00, so the broader 4H structure is still constructive. However, short-term momentum has weakened as price slipped below the MA(7) at $97.92.
🟢 Buy Zone:
$94.50–$96.00 — interesting support area if buyers defend the MA(25) and price forms a bullish reversal.
🟡 Wait Zone:
If SOL stays between $96–$99, patience may be better. Avoid chasing until momentum returns.
🚀 Breakout:
A strong 4H close above $99–$100 could reopen the path toward $103.08 and potentially higher.
🛑 Invalidation:
A decisive breakdown below $94 would weaken the setup. Below $91.80, the correction could become deeper.
🎯 Targets:
$99 → $103 → $108 → $112
🚀 Bullish Scenario:
SOL holds $94–$96, reclaims $98–$100 with volume, and challenges the recent $103.08 high. A breakout above $103 could trigger another momentum leg.
🐻 Bearish Scenario:
Failure to hold $94 could send SOL toward $91.80, with $88–$90 becoming the next area to watch.
🧠 Verdict:
The trend isn't broken yet, but $94–$96 is the key battlefield. I would rather wait for confirmation than blindly chase the current price.
💬 Question:
Do you think $SOL will reclaim $103 or fall toward $90 first?
#SOL #Solana #Crypto #BinanceSquare #altcoins
