$SOL Solana is trading at $102.00, down 4.4% over 24 hours, but its defense of the $100 double-bottom zone keeps a potential reversal in focus. Four-hour RSI is stabilizing near 45, while open interest contracted 12% during the flush and funding remains flat at 0.005%. The scheduled Alpenglow upgrade on October 21 is a potential catalyst, although transition-related network disruption remains a risk.
📈 Bias: Moderately Bullish | 🎯 Entry: $101.00–$102.50 | 🛡 Support: $100.00 | 🚧 Resistance: $106.50 | 🎯 Targets: $105.00 / $108.50 / $112.00 | ❌ Invalidation: 4H close below $99.00
Strategy: Consider entry after support holds and reversal confirmation appears. Manage upgrade-related risk carefully.
#Solana #SOL #CryptoTrading #TechnicalAnalysis #BinanceSquare
📈 Bias: Moderately Bullish | 🎯 Entry: $101.00–$102.50 | 🛡 Support: $100.00 | 🚧 Resistance: $106.50 | 🎯 Targets: $105.00 / $108.50 / $112.00 | ❌ Invalidation: 4H close below $99.00
Strategy: Consider entry after support holds and reversal confirmation appears. Manage upgrade-related risk carefully.
#Solana #SOL #CryptoTrading #TechnicalAnalysis #BinanceSquare