$SOL is showing a recovery move, gaining around 1.64% as capital flows toward Solana ahead of the upcoming Alpenglow consensus upgrade.
Alpenglow upgrade could improve transaction finality and network efficiency.
Strong ecosystem activity and DApp revenue support the long-term growth narrative.
Technical support defense may attract fresh buyers and trigger short-covering.
Current price reference: $105.25
Key psychological support: $100
RSI: 43.35 — recovery potential, but bullish momentum is not confirmed.
If SOL holds support and breaks through nearby resistance with strong volume, another recovery leg could A break below $100 could increase selling pressure. ETF outflows and whale deposits
My focus is on support defense + breakout confirmation. No blind FOMO — let the chart confirm the next move.
What do you think? SOL $110+ next, or another rejection first? 👇
#Solana #SOL #CryptoMarket #Altcoins
Personal market view, not financial advice. Manage risk and DYOR.
#EarningsSeason #SkyAISellsAllSOLAndLaunchesCashTenderOffer $SOL
Alpenglow upgrade could improve transaction finality and network efficiency.
Strong ecosystem activity and DApp revenue support the long-term growth narrative.
Technical support defense may attract fresh buyers and trigger short-covering.
Current price reference: $105.25
Key psychological support: $100
RSI: 43.35 — recovery potential, but bullish momentum is not confirmed.
If SOL holds support and breaks through nearby resistance with strong volume, another recovery leg could A break below $100 could increase selling pressure. ETF outflows and whale deposits
My focus is on support defense + breakout confirmation. No blind FOMO — let the chart confirm the next move.
What do you think? SOL $110+ next, or another rejection first? 👇
#Solana #SOL #CryptoMarket #Altcoins
Personal market view, not financial advice. Manage risk and DYOR.
#EarningsSeason #SkyAISellsAllSOLAndLaunchesCashTenderOffer $SOL