Technical Signal: Solana Forming Ascending Triangle — $90 Key Support
$SOL is transitioning from a prior downtrend into a post-breakout consolidation, currently forming an ascending triangle above the $90 support zone.
Key levels:
• Support: $90
• Resistance: $98
• Structure: Ascending triangle (higher lows forming)
Price action shows buyers consistently defending the $90 level, suggesting this zone is acting as a short-term demand area.
Technical scenarios:
• Hold above $90: Maintains bullish structure and opens the path toward the $98 resistance
• Break below $90: Weakens the setup and may shift momentum back to consolidation or downside
Market takeaway:
This level represents a decision point, with confirmation dependent on how price reacts around $90 in the coming sessions.
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