Solana ($SOL L) is showing solid strength in the current market, maintaining a bullish structure despite overall market volatility. Buyers are clearly defending key levels, and momentum is slowly shifting back in favor of the bulls. 🐂✨
📊 Technical Overview:
Current Price: ~$102 – 105 USDT
Key Support Zone: 95 – 98 USDT 🛡️
Immediate Resistance: 110 USDT 🚧
Major Breakout Level: 118 – 120 USDT 🔓
📈 Market Structure Insight:
SOL has respected its higher-low formation on the 4H timeframe, signaling healthy accumulation. Volume is gradually increasing, which often precedes a sharp impulsive move. If price sustains above the psychological 100 USDT level, we could see an accelerated push toward higher resistance zones. ⚡
🎯 Bullish Scenario Targets:
TP1: 110 USDT
TP2: 118 USDT
TP3: 130+ USDT (if momentum expands) 🚀
⚠️ Bearish Risk (Invalidation):
A clean breakdown below 95 USDT may invite short-term selling pressure. Until then, the trend remains bullish-biased.
🔥 Conclusion:
Solana continues to be one of the strongest Layer-1 performers, supported by ecosystem growth and steady demand. As long as SOL holds above key support, dip-buying opportunities remain attractive for short- to mid-term traders.
📌 Stay sharp, manage risk, and watch the breakout!