$SOL Current Price: 84.83
24H High: 85.63
24H Low: 77.85
📊 Market Structure
After the major panic dump, price bounced strongly from the 75.55 support (blue line).
From that level, SOL formed a higher low.
On the 1H timeframe, short-term structure is slowly turning bullish.
Momentum is recovering, but price is approaching resistance.
🔹 Key Levels
Major Support: 75.55
Minor Support: 80 – 81 zone
Immediate Resistance: 85 – 86
Next Resistance: 90 – 92 zone
🔎 Current Situation
Price is currently trading near the 85 resistance area, which is an important decision zone.
Two possible scenarios:
✅ Bullish Scenario
If a strong 1H candle closes above 86
With increasing volume
→ Then a move toward 90 – 92 becomes likely.
❌ Bearish Scenario
If price gets rejected at this resistance
And forms a lower high
→ Then a pullback toward 80 – 81 or even a retest of 75.55 is possible.
🎯 Conclusion
There is no confirmed breakout yet.
Entering long below resistance is risky.
Better approach:
Wait for a breakout and retest for a safer long entry
Or wait for clear rejection confirmation for a short scalp