SOLANA (SOL) — THE $100 LEVEL IS THE KEY
$SOL is currently trading around the $102 area after a strong recovery. The bigger structure remains bullish, but SOL is now consolidating below the important $107–$110 resistance zone.
KEY LEVELS
Support: $100–$102
Secondary support: $95
Major support: $90–$92
Resistance: $107–$110
Next resistance: $110–$115
BULLISH SCENARIO
A strong daily close above $110 with increasing volume could confirm another upside move. In that case, $115–$120 becomes the next area to watch, with $125+ possible if momentum continues.
BEARISH SCENARIO
If SOL is rejected around $107–$110 and loses the $100 support zone, sellers could push price toward $95 and potentially $90.
MY ANALYSIS
The structure is still bullish, but the $100 level is extremely important. I would rather wait for confirmation than chase the move.
The real question is simple:
Will SOL break $110 first, or will it revisit $95?
Comment your analysis below.
#Solana #SOL #SOLUSDT #Binance #CryptoAnalysis #Crypto #Altcoins #Trading #DYOR
$SOL is currently trading around the $102 area after a strong recovery. The bigger structure remains bullish, but SOL is now consolidating below the important $107–$110 resistance zone.
KEY LEVELS
Support: $100–$102
Secondary support: $95
Major support: $90–$92
Resistance: $107–$110
Next resistance: $110–$115
BULLISH SCENARIO
A strong daily close above $110 with increasing volume could confirm another upside move. In that case, $115–$120 becomes the next area to watch, with $125+ possible if momentum continues.
BEARISH SCENARIO
If SOL is rejected around $107–$110 and loses the $100 support zone, sellers could push price toward $95 and potentially $90.
MY ANALYSIS
The structure is still bullish, but the $100 level is extremely important. I would rather wait for confirmation than chase the move.
The real question is simple:
Will SOL break $110 first, or will it revisit $95?
Comment your analysis below.
#Solana #SOL #SOLUSDT #Binance #CryptoAnalysis #Crypto #Altcoins #Trading #DYOR
