ALERT: $SOL Accumulation Zone Holding — Watching for Possible Relief Move
After the sharp breakdown, $SOL has moved into a tighter range where price is forming a rising base. This type of consolidation often appears when the market is building support after strong selling pressure.
• Demand zone: $78.00-$82.00 where buyers are currently active
• Reclaim target: $90.00-$95.00 which would show improving momentum
• Supply resistance: $105.00-$112.00 where selling pressure may appear
Right now $SOL is slowly moving higher while still trading inside a larger downtrend channel. The key observation is whether buyers can continue defending the $78-$82 support area.
Market bias remains slightly positive while price stays above $82. A close below $78 would weaken this structure and invalidate the current setup.
#CryptoTrading #Altcoins #TechnicalAnalysis
