$SOL /USDT — Short-Term Recovery, Resistance Still in Play 👀
I'm seeing SOL push upward from the recent low around 101.57, but the latest move has pulled back from the local high near 101.79. Price is sitting at 101.70, and for me, the key question is whether buyers can regain momentum and push through the nearby resistance.
The MA60 at 102.01 is still sloping downward, so I wouldn't treat this as a confirmed bullish reversal yet. I'd like to see SOL reclaim 101.79 first, followed by a move toward the moving average with stronger buying volume.
📍 Entry: 101.70–101.75, only if price stabilizes and upward momentum returns.
🎯 TP1: 101.79
🎯 TP2: 101.89
🎯 TP3: 102.00–102.01, near the visible MA60 resistance.
🛑 Invalidation: Below 101.57.
If price loses 101.57, I'd step away from this setup because the recent recovery structure would be weakening, leaving room for further downside.
One thing I'm watching closely is volume: the latest red bar is relatively small, but that alone doesn't confirm buyers are back in control. This is a cautious bounce setup, and I'd want to see price break resistance before getting more confident.
I'm seeing SOL push upward from the recent low around 101.57, but the latest move has pulled back from the local high near 101.79. Price is sitting at 101.70, and for me, the key question is whether buyers can regain momentum and push through the nearby resistance.
The MA60 at 102.01 is still sloping downward, so I wouldn't treat this as a confirmed bullish reversal yet. I'd like to see SOL reclaim 101.79 first, followed by a move toward the moving average with stronger buying volume.
📍 Entry: 101.70–101.75, only if price stabilizes and upward momentum returns.
🎯 TP1: 101.79
🎯 TP2: 101.89
🎯 TP3: 102.00–102.01, near the visible MA60 resistance.
🛑 Invalidation: Below 101.57.
If price loses 101.57, I'd step away from this setup because the recent recovery structure would be weakening, leaving room for further downside.
One thing I'm watching closely is volume: the latest red bar is relatively small, but that alone doesn't confirm buyers are back in control. This is a cautious bounce setup, and I'd want to see price break resistance before getting more confident.