$SOL Trend & Market Structure
SOL has shown a strong bounce from the $75.7 support zone.
The short-term structure is bullish, followed by healthy consolidation around $88.
Moving Averages
MA(7): 87.5 → price is holding above it, showing short-term strength.
MA(25): 85.0 → acting as strong dynamic support.
MA(99): 91.0 → major resistance above current price.
The MA structure supports bullish continuation, but MA(99) is still applying pressure from the top.
Support & Resistance
Immediate resistance zone: $89.8 – $91.0
A strong 1H close above $91 can open the way toward $94 – $96.
Key support: $85 – $83.5
If $85 breaks, a deeper pullback toward $82 – $80 is possible (still healthy for the trend).
RSI & Momentum
RSI(6): ~62
Momentum remains bullish, not overbought yet.
Volume
Volume is cooling down, indicating consolidation before the next move.
Trading Outlook
❌ Short positions are risky unless price breaks and closes below $85.
✅ Bias remains bullish.
Best entries:
Buy on pullback near $85–86 with confirmation
Or trade the breakout after a 1H close above $91
Conclusion
This looks like a bullish recovery after a panic dump, followed by consolidation. A confirmed trend continuation will be clearer once price breaks above the MA(99) / $91 resistance.
