I’m watching $SOL /USDT after this sharp rebound from the 105.20 area toward 105.72. Price has pushed above the visible MA60 at 105.49, which is a positive short-term sign, but I’d like to see whether buyers can hold this move.
Right now, SOL is trading at 105.72, with the visible 24-hour high at 107.44 and low at 101.22. The immediate focus is whether price can stay above the 105.49 moving average instead of slipping back below it.
📍 Entry: 105.50–105.60, only if price holds above the MA60 🎯 TP1: 105.84 🎯 TP2: 106.00 🎯 TP3: Not confirmed by this chart 🛑 Invalidation: Below 105.38
For me, the attractive part of this setup is the strong recovery after the latest dip and the move back above the moving average. I’d prefer to see price consolidate above 105.49 before considering an entry rather than chasing the sharp green move.
The risk is that this rebound loses momentum and price falls back into the previous range. The chart also shows fluctuating volume, so I wouldn’t treat the move as a confirmed breakout yet.
If price loses 105.38, I’d step away from this setup because the recovery would be weakening.
My approach: wait for confirmation, keep the risk controlled, and let price prove the rebound has strength.
Right now, SOL is trading at 105.72, with the visible 24-hour high at 107.44 and low at 101.22. The immediate focus is whether price can stay above the 105.49 moving average instead of slipping back below it.
📍 Entry: 105.50–105.60, only if price holds above the MA60 🎯 TP1: 105.84 🎯 TP2: 106.00 🎯 TP3: Not confirmed by this chart 🛑 Invalidation: Below 105.38
For me, the attractive part of this setup is the strong recovery after the latest dip and the move back above the moving average. I’d prefer to see price consolidate above 105.49 before considering an entry rather than chasing the sharp green move.
The risk is that this rebound loses momentum and price falls back into the previous range. The chart also shows fluctuating volume, so I wouldn’t treat the move as a confirmed breakout yet.
If price loses 105.38, I’d step away from this setup because the recovery would be weakening.
My approach: wait for confirmation, keep the risk controlled, and let price prove the rebound has strength.