$SOL — Recovery Bounce or a Real Breakout? 📊
SOL bounced from $103.54 to around $104.51 after strong selling pressure. The latest green candle came with increased volume, but resistance is still ahead.
Resistance: $104.85–$105.16
Support: $103.96–$103.54
A confirmed 15M close above $105.16 with strong volume and a successful retest could open a move toward $105.76.
If the bounce fails, downside risk remains. No chasing — confirmation first.
#SOL #Solana #CryptoAnalysis #PriceAction #BinanceSquare
SOL bounced from $103.54 to around $104.51 after strong selling pressure. The latest green candle came with increased volume, but resistance is still ahead.
Resistance: $104.85–$105.16
Support: $103.96–$103.54
A confirmed 15M close above $105.16 with strong volume and a successful retest could open a move toward $105.76.
If the bounce fails, downside risk remains. No chasing — confirmation first.
#SOL #Solana #CryptoAnalysis #PriceAction #BinanceSquare