What’s Happening? SOL is showing strong bullish momentum with a sharp +4.42% move in a short period, breaking past $105 and eyeing higher resistance levels.
Key Chart Observations 📈:
· Strong Upside Move: The 1-minute chart shows a rapid price ascent from around $102–$103 levels to $105+ in under an hour. · Immediate Resistance: Watch for tests at $106.50** and **$107.00. A break above could signal further bullish momentum. · Support Levels: In case of a pullback, $104.00** and **$103.50 are key support zones to monitor. · Time of Move: Significant move observed between 19:30 to 00:36 UTC, indicating high intraday activity.
Market Sentiment & Possible Catalysts: This surge could be driven by:
· Positive sentiment across the crypto market · Strong fundamentals or network updates on Solana · Trader positioning ahead of larger market moves
Trade Smart ⚠️:
· Crypto markets are highly volatile. Trade only with what you can afford to lose. · Use stop-losses to manage risk, especially in fast-moving markets. · Consider higher timeframes for confirmation before taking larger positions.
Engage With Us! Do you think SOL will test $110 soon, or are we due for a correction? Drop your analysis, targets, and support/resistance levels in the comments! 👇
Disclaimer: This post is for informational purposes only and not financial advice. Cryptocurrency trading involves substantial risk. Always do your own research before investing. $SOL
What’s Happening? SOL is showing strong bullish momentum with a sharp +4.42% move in a short period, breaking past $105 and eyeing higher resistance levels.
Key Chart Observations 📈:
· Strong Upside Move: The 1-minute chart shows a rapid price ascent from around $102–$103 levels to $105+ in under an hour. · Immediate Resistance: Watch for tests at $106.50** and **$107.00. A break above could signal further bullish momentum. · Support Levels: In case of a pullback, $104.00** and **$103.50 are key support zones to monitor. · Time of Move: Significant move observed between 19:30 to 00:36 UTC, indicating high intraday activity.
Market Sentiment & Possible Catalysts: This surge could be driven by:
· Positive sentiment across the crypto market · Strong fundamentals or network updates on Solana · Trader positioning ahead of larger market moves
Trade Smart ⚠️:
· Crypto markets are highly volatile. Trade only with what you can afford to lose. · Use stop-losses to manage risk, especially in fast-moving markets. · Consider higher timeframes for confirmation before taking larger positions.
Engage With Us! Do you think SOL will test $110 soon, or are we due for a correction? Drop your analysis, targets, and support/resistance levels in the comments! 👇
Disclaimer: This post is for informational purposes only and not financial advice. Cryptocurrency trading involves substantial risk. Always do your own research before investing.
· What is the Trend? The price is undergoing a slight correction after touching the peak of $134,000. · More Important Levels: · Support (Where an Upsurge is Expected): The nearest support is at $105,208**. If that breaks, then **$100,000 is a significant level. · Resistance (Where a Halt is Expected): There is a major resistance at $134,000 upwards. · Market Mood: Currently, both buyers and sellers are struggling. Therefore, the price is stuck in one place. · What’s Next? If $105,000 holds, the price could go up again. If it falls below, it will head straight towards $100,000.
· Current Price: $107,844.65 · 24-Hour Change: -2.68% (-$2,964.96)
Key Points:
· Trend: The price is in a correction phase after reaching highs near $134,000. · Key Levels: · Support: Immediate support is at $105,208**. The major psychological support is at **$100,000. · Resistance: Strong resistance is at the previous peak of $134,000. · Market Sentiment: The equal number of BUY and SELL orders at the current price indicates a battle between bulls and bears and market indecision. · Outlook: If the $105,000 support holds, the price could rebound. A break below may lead to a steeper correction towards $100,000
Market Context TRB shows consolidation after recent volatility. Price is testing key support - break below could trigger further downside. $TRB Key Levels
1. Monitor ETF inflow/outflow data 2. Watch for false breakouts in low liquidity 3. Bitcoin dominance rise may pressure alts $BTC Outlook Structure remains bullish while $115,125 holds. A clean break above $122,000 could accelerate moves toward $130,000.