$SOL pulled back on the 1-hour timeframe following a sharp sweep toward local lows, recovering slightly to trade around $107.00.
Price is approaching an overhead supply block situated around the $112.00 – $113.50 region, while the primary structural demand floor rests near the $101.50 – $102.50 support base.
The technical outlook favors a short-term test of the upper resistance zone before a corrective sweep into the lower demand shelf to capture liquidity prior to any sustained continuation.
#SOL #Altcoin Season# #Solana
Price is approaching an overhead supply block situated around the $112.00 – $113.50 region, while the primary structural demand floor rests near the $101.50 – $102.50 support base.
The technical outlook favors a short-term test of the upper resistance zone before a corrective sweep into the lower demand shelf to capture liquidity prior to any sustained continuation.
#SOL #Altcoin Season# #Solana