$SOL Latest Analysis Update

Market Snapshot

Price Action: Grinding higher within an ascending intraday channel.

Recent Move: Sharp bounce from the 83.0 – 84.0 demand zone.

Structure: Forming consistent higher lows; momentum is building.

Technical Levels

The Hurdle: Facing resistance at the 87.5 – 88.0 band.

The Pivot: Must hold above 86.0 to maintain the bullish trend.

The Floor: Critical defense remains at 84.0.

Potential Outcomes

Bull Case: A confirmed break/hold above 88.0 opens a path to 90.0+ (upper channel).

Bear Case: Dropping below 86.0 signals weakness and risks a retest of the 84.0 support.

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SOL

81.39

-2.43%