$SOL — $105.77 (+3.83%)
24hHigh: $107.07 | Low: $101.60 | Vol: 1.95M SOL
For weeks SOL was just bleeding, touched $95-$86 and everyone thought it's going to $80. But it didn't. It bounced hard, and now it's sitting right under resistance.
*The story on the chart:*
That bounce from $95 support is textbook. Volume is picking up on green candles, MA5 (103.12) crossed above MA20 (101.45) — that's a bullish crossover on 1h. RSI is 58.4, so not overbought yet, room to run.
*Levels I'm watching:*
- *Support: $95.00 and $101.60* - $101.6 is today's low, if we lose it, back to $95 quick.
- *Resistance: $107 - $122* - This is the tricky zone. $107.07 is today's high, sellers are defending. If we close a 4h above $107 with volume, next magnet is $122.
- *Invalidation: Below $95* - If that breaks, don't try to catch, could see $85-86.
Honestly, this doesn't look like a dead cat bounce. SOL spot ETF inflows have been positive for 10 days straight, TVL is back up, and Binance futures volume is ∼$1.4B+ in last 24h. Smart money is accumulating under $100.
My take? This is a patience trade. If you're already in from $95-100, trail your stop below $101. If you're waiting, don't FOMO at $105.77 — wait for either a retest of $101-102 or a clean breakout above $107.07.
#BinanceLaunchesBinanceIntelligence #ETHUp70%InQ3ButLiquidityFalls #FedOctoberHoldOdds82.3% #DriftHackVictimsBeginClaims
24hHigh: $107.07 | Low: $101.60 | Vol: 1.95M SOL
For weeks SOL was just bleeding, touched $95-$86 and everyone thought it's going to $80. But it didn't. It bounced hard, and now it's sitting right under resistance.
*The story on the chart:*
That bounce from $95 support is textbook. Volume is picking up on green candles, MA5 (103.12) crossed above MA20 (101.45) — that's a bullish crossover on 1h. RSI is 58.4, so not overbought yet, room to run.
*Levels I'm watching:*
- *Support: $95.00 and $101.60* - $101.6 is today's low, if we lose it, back to $95 quick.
- *Resistance: $107 - $122* - This is the tricky zone. $107.07 is today's high, sellers are defending. If we close a 4h above $107 with volume, next magnet is $122.
- *Invalidation: Below $95* - If that breaks, don't try to catch, could see $85-86.
Honestly, this doesn't look like a dead cat bounce. SOL spot ETF inflows have been positive for 10 days straight, TVL is back up, and Binance futures volume is ∼$1.4B+ in last 24h. Smart money is accumulating under $100.
My take? This is a patience trade. If you're already in from $95-100, trail your stop below $101. If you're waiting, don't FOMO at $105.77 — wait for either a retest of $101-102 or a clean breakout above $107.07.
#BinanceLaunchesBinanceIntelligence #ETHUp70%InQ3ButLiquidityFalls #FedOctoberHoldOdds82.3% #DriftHackVictimsBeginClaims
