$SOL is showing serious strength after the breakout ๐๐ฅ
At around $105.32, Solana is consolidating just below the recent $110.60 high. The big question now: can buyers turn this pause into another leg higher? ๐
โฑ๏ธ 1H CHART โข Price: $105.32 โข MA(7): $105.12 โข MA(25): $104.27 โข MA(99): $102.79 โข MACD: +0.18
Price is holding above all three moving averages โ a positive short-term setup. ๐ข
โณ 4H CHART โข MA(7): $104.43 โข MA(25): $102.95 โข MA(99): $89.14
The larger trend remains bullish after the explosive move from the $70s. Holding $103โ$105 keeps the structure healthy. ๐ช
๐ 1D CHART This is where the setup gets interesting. Price is well above the MA(25) at $85.10 and MA(99) at $77.42, while MACD remains positive. ๐
๐ฏ KEY LEVELS ๐ข Support: $103โ$104 ๐ก Major support: $97โ$100 ๐ด Resistance: $110.60 ๐ Breakout above $110.60 could target $115 โ $120+
โ ๏ธ If $103 breaks with strong selling pressure, a deeper pullback toward the $100/$97 area becomes possible.
๐ฅ The trend is bullish, but $110.60 is the wall bulls must destroy.
Will SOL break $110.60 and start the next rally, or are sellers preparing another rejection? ๐๐ป๐
#TrumpSaysUSReachedVenezuelaOilDeal #NYSilverFuturesDrop3% #SchwabPlansToAddSOLAVAXLINKTrading #USShortTermTreasuryYieldsJump
At around $105.32, Solana is consolidating just below the recent $110.60 high. The big question now: can buyers turn this pause into another leg higher? ๐
โฑ๏ธ 1H CHART โข Price: $105.32 โข MA(7): $105.12 โข MA(25): $104.27 โข MA(99): $102.79 โข MACD: +0.18
Price is holding above all three moving averages โ a positive short-term setup. ๐ข
โณ 4H CHART โข MA(7): $104.43 โข MA(25): $102.95 โข MA(99): $89.14
The larger trend remains bullish after the explosive move from the $70s. Holding $103โ$105 keeps the structure healthy. ๐ช
๐ 1D CHART This is where the setup gets interesting. Price is well above the MA(25) at $85.10 and MA(99) at $77.42, while MACD remains positive. ๐
๐ฏ KEY LEVELS ๐ข Support: $103โ$104 ๐ก Major support: $97โ$100 ๐ด Resistance: $110.60 ๐ Breakout above $110.60 could target $115 โ $120+
โ ๏ธ If $103 breaks with strong selling pressure, a deeper pullback toward the $100/$97 area becomes possible.
๐ฅ The trend is bullish, but $110.60 is the wall bulls must destroy.
Will SOL break $110.60 and start the next rally, or are sellers preparing another rejection? ๐๐ป๐
#TrumpSaysUSReachedVenezuelaOilDeal #NYSilverFuturesDrop3% #SchwabPlansToAddSOLAVAXLINKTrading #USShortTermTreasuryYieldsJump
