⚛️ Solana's price continues to trade within a well defined range, fluctuating between a solid support zone around $105–115 and a significant resistance level near $260–280. The pattern has been consistent: each approach to the upper boundary faces rejection, while every decline toward support attracts buying interest.
Currently, SOL is trading near the lower end of this range, an area where buyer activity has historically emerged. This behavior suggests the market is undergoing a phase of accumulation within the range rather than signaling a breakdown.
If the support level holds, a rebound toward the $180 200 area appears to be the initial potential scenario. A decisive break above the upper resistance would indicate a stronger bullish shift and could open the path for a more sustained upward move.
The current structure calls for a patient approach there is no need to rush or chase the price. This is a time to observe, wait for confirmation, and plan trades carefully, as patience tends to be rewarded in such consolidating market phases.
#USTradeDeficitShrink #WriteToEarnUpgrade
