$SOL /USDT is showing an interesting short-term pullback after pushing close to the 100.00 area. I’m watching this one carefully because price is still holding above the visible MA60 at 99.80, but momentum has cooled after the recent move higher.
What caught my attention is the climb from around 99.87 toward a visible high near 99.99, followed by a steady retracement back to the current 99.92. The recent candles also show stronger selling volume during the pullback, while the latest volume has dropped sharply.
📍 Resistance: 99.99–100.00
📍 Support: 99.87, with MA60 around 99.80
For me, the key question is whether SOL can reclaim and hold the 99.99–100.00 area. A clean move above that zone with stronger volume would make the setup more interesting.
On the other side, losing 99.87 would weaken the short-term structure, while a move toward the visible 99.80 MA60 would show deeper weakness.
I’m not chasing here. I’d rather wait for confirmation around these visible levels before considering a trade. 👀📊
Would you prefer a bullish breakout setup or bearish breakdown setup?
What caught my attention is the climb from around 99.87 toward a visible high near 99.99, followed by a steady retracement back to the current 99.92. The recent candles also show stronger selling volume during the pullback, while the latest volume has dropped sharply.
📍 Resistance: 99.99–100.00
📍 Support: 99.87, with MA60 around 99.80
For me, the key question is whether SOL can reclaim and hold the 99.99–100.00 area. A clean move above that zone with stronger volume would make the setup more interesting.
On the other side, losing 99.87 would weaken the short-term structure, while a move toward the visible 99.80 MA60 would show deeper weakness.
I’m not chasing here. I’d rather wait for confirmation around these visible levels before considering a trade. 👀📊
Would you prefer a bullish breakout setup or bearish breakdown setup?
