🔥 SOL Just Got Interesting — But the Chart Has a Warning
Solana has a fresh catalyst behind it. Validators narrowly approved a proposal to double SOL’s annual disinflation rate from 15% to 30%, which should reduce future issuance and bring the 1.5% inflation floor closer.
But here’s what caught my attention: the 1-minute chart isn’t celebrating yet.
SOL is showing $104.73 on the chart, after falling from around $105.10. The short-term moving-average ribbon is now sitting above price, turning the immediate setup bearish. Buyers are trying to hold the $104.65–$104.58 area.
The level I’m watching next is $104.80–$105.00. Reclaim that zone and the short-term picture could improve quickly. Lose $104.58 and sellers could push the move lower.
The bigger story remains bullish on supply, but the tiny chart is saying: don’t chase blindly.
Current chart price: $104.73
Key support: $104.65–$104.58
Key resistance: $104.80–$105.00
Bullish: 35/100
Neutral: 25/100
Bearish: 40/100
Setup: Moderate
For me, **$105 is the line that matters next.**
uploaded gym photo 😁 tip if you guys like
Solana has a fresh catalyst behind it. Validators narrowly approved a proposal to double SOL’s annual disinflation rate from 15% to 30%, which should reduce future issuance and bring the 1.5% inflation floor closer.
But here’s what caught my attention: the 1-minute chart isn’t celebrating yet.
SOL is showing $104.73 on the chart, after falling from around $105.10. The short-term moving-average ribbon is now sitting above price, turning the immediate setup bearish. Buyers are trying to hold the $104.65–$104.58 area.
The level I’m watching next is $104.80–$105.00. Reclaim that zone and the short-term picture could improve quickly. Lose $104.58 and sellers could push the move lower.
The bigger story remains bullish on supply, but the tiny chart is saying: don’t chase blindly.
Current chart price: $104.73
Key support: $104.65–$104.58
Key resistance: $104.80–$105.00
Bullish: 35/100
Neutral: 25/100
Bearish: 40/100
Setup: Moderate
For me, **$105 is the line that matters next.**
uploaded gym photo 😁 tip if you guys like
