$SOL is holding above $100 and remains positive. The $100 psychological level is the key battleground.
Trade setup:
Long zone: $100–102
SL: $96.50
TP1: $106
TP2: $110
TP3: $115
Short-term: Bullish above $100. A clean $106 breakout could attract additional momentum.
Long-term: SOL remains one of the major smart-contract competitors to Ethereum, with continued ecosystem development supporting the long-term thesis.
Don't enter just because SOL touches $100. Look for a hold/retest and increasing volume.
Trade setup:
Long zone: $100–102
SL: $96.50
TP1: $106
TP2: $110
TP3: $115
Short-term: Bullish above $100. A clean $106 breakout could attract additional momentum.
Long-term: SOL remains one of the major smart-contract competitors to Ethereum, with continued ecosystem development supporting the long-term thesis.
Don't enter just because SOL touches $100. Look for a hold/retest and increasing volume.