$SOL Cooling After $110 Spike ⚡
Solana ripped from the mid-$70s to a high near $110.60, and is now trading around $106–$108.
Technical Snapshot:
• Support: $102 – $103
• Stronger support: $96 – $99
• Resistance: $110 – $111
• Next resistance: $115 – $120
• Momentum: Bullish, but stretched after a near-vertical run
The Setup:
SOL caught the broader risk-on wave and broke cleanly through $100. The $110 high is the first real supply zone. A hold above $102–$103 keeps the structure intact and treats this dip as a pause. Lose $102 and $96–$99 becomes the next demand test.
Potential targets:
Reclaim $111 → $115 – $120 Stretch if the bid stays strong → $123 – $128 Invalidation: sustained break below $96
Trend still favors buyers. Don’t chase the wick — watch whether $102–$103 holds.
#sol #solana #crypto
Solana ripped from the mid-$70s to a high near $110.60, and is now trading around $106–$108.
Technical Snapshot:
• Support: $102 – $103
• Stronger support: $96 – $99
• Resistance: $110 – $111
• Next resistance: $115 – $120
• Momentum: Bullish, but stretched after a near-vertical run
The Setup:
SOL caught the broader risk-on wave and broke cleanly through $100. The $110 high is the first real supply zone. A hold above $102–$103 keeps the structure intact and treats this dip as a pause. Lose $102 and $96–$99 becomes the next demand test.
Potential targets:
Reclaim $111 → $115 – $120 Stretch if the bid stays strong → $123 – $128 Invalidation: sustained break below $96
Trend still favors buyers. Don’t chase the wick — watch whether $102–$103 holds.
#sol #solana #crypto
