Can buyers reclaim $110? ๐
$SOL pushed toward $110.06, but sellers stepped in and brought the price back to $109.54.
Here's what I am watching:
๐น Resistance: $109.85โ$110.10
๐น Near-term support: $109.45โ$109.50
๐ข Bullish scenario: A reclaim of $109.85, followed by a hold, could open another attempt at $110.
๐ด Bearish scenario: A clean break below $109.45 could expose $SOL to further downside.
I am not rushing into a trade here. I want confirmation from price action before taking a position.
Would you buy the reclaim or wait for a deeper pullback?
$SOL pushed toward $110.06, but sellers stepped in and brought the price back to $109.54.
Here's what I am watching:
๐น Resistance: $109.85โ$110.10
๐น Near-term support: $109.45โ$109.50
๐ข Bullish scenario: A reclaim of $109.85, followed by a hold, could open another attempt at $110.
๐ด Bearish scenario: A clean break below $109.45 could expose $SOL to further downside.
I am not rushing into a trade here. I want confirmation from price action before taking a position.
Would you buy the reclaim or wait for a deeper pullback?