DAILY SIGNAL โ SOL/USDT $SOL
Date: 07 Feb 2026
Timeframe: Intraday Bias - Trend reversal under supply
๐ Market Bias
SOL has been trading in a descending channel after a failed attempt at the supply zone. A recent push-up has confirmed the presence of short-term buyers, with price approaching the 85.5 resistance zone while holding above the previous low.
๐น Key Levels (from chart)
Entry Zone (Long Bias): 85.26 โ 85.5 (retracement & breakout zone)
Stop-Loss (Invalidation): 84.12 (-0.5 fib level)
Targets:
TP1 โ 86.40 (0.5 fib continuation)
TP2 โ 87.54 (upper resistance / 0.618 extension)
TP3 โ 88.00 (extended target)
TP4 โ 89.00 (supply area)
๐ Technical Breakdown
Price has recently broken out of the descending channel, showing higher lows and retesting demand. Expect a pullback from 85.5 towards 86.40 and higher, unless we break below 85.0 (weak low). A clear close above 85.5 might ignite a rally towards the upper resistance.
๐ง Quick Insight
โBreakout setups often give better entry points after retesting the demand zone with a strong higher-low formation.โ
โ ๏ธ Disclaimer
This is personal analysis, not financial advice. Always DYOR and manage your risks accordingly.
โ @nayrbryanGaming
#SOL #DYOR #NFA #SAP #NOFOMO