SOL/USDT — Professional Technical Analysis

📊 Timeframe: 2H
💰 Current Price: ~105.09 USDT

🟢 Market Structure

SOL remains inside a bullish ascending channel, maintaining a higher-high/higher-low structure. Price is currently consolidating after rejecting the 110.59 resistance.

🎯 Key Levels
🔴 Resistance: 110.59
🟡 Near Support: 102–104
🟢 Major Order Block: 94.5–96.3
🔵 Channel Support: ~98–100
📈 Bullish Scenario

If SOL holds 102–104 and breaks back above 106–108, momentum could push toward 110.59.
A clean breakout above 110.59 would strengthen the bullish continuation setup. 🚀

📉 Bearish Scenario

Failure to reclaim 108–110 could trigger a deeper pullback toward 100–98, with the 94.5–96.3 order block acting as major demand. ⚠️

🧠 Trading Bias

Bullish while the channel and major order block remain protected.
Wait for confirmation rather than chasing the move. 🎯📊

$SOL

SOL
SOLUSDT
105.62
+1.48%