Currently monitoring this move closely — Solana ($SOL) has delivered a sharp V-type rebound from the 76.5 support region and is now advancing steadily toward the 85 resistance zone. Market structure has transitioned from a sequence of lower lows to higher lows, signaling a short-term bullish shift. Buyers are actively defending dips, showing strong spot demand.
Momentum favors continuation as long as higher-low structure remains intact.
Key supply zone: 86–88
If price sustains above 83.5 during retracements, liquidity resting near 88–90 becomes a realistic upside objective.
However, a breakdown below 82 would invalidate the immediate bullish bias and likely slow momentum.
Trade Plan:
Entry Zone: 83.80 – 84.50
Target 1: 86.50
Target 2: 88.00
Target 3: 90.00
Stop Loss: 81.90
Leverage: Keep exposure controlled (ideally under 10–15x). Prefer entries on controlled pullbacks rather than chasing breakout wicks.
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