$SOL is at an important area right now
After the strong move from the $96 region toward $124, SOL has started to cool off and is now pulling back into a key support zone around $104–$106.
This is the area I’m watching closely. If buyers defend this zone and we get a clear reaction, I’d look for a move back toward the $108–$110 resistance area first. A clean reclaim above that zone could give the bulls more room to push higher.
For now, I’m not chasing the move. I’d rather see how price reacts around support and wait for confirmation before making a decision. #Solana #Macro Insights# #DeFi
After the strong move from the $96 region toward $124, SOL has started to cool off and is now pulling back into a key support zone around $104–$106.
This is the area I’m watching closely. If buyers defend this zone and we get a clear reaction, I’d look for a move back toward the $108–$110 resistance area first. A clean reclaim above that zone could give the bulls more room to push higher.
For now, I’m not chasing the move. I’d rather see how price reacts around support and wait for confirmation before making a decision. #Solana #Macro Insights# #DeFi