$SOL is holding a tight recovery zone after that sharp rejection from the top.
Price: $85.97
24h High: $87.50
24h Low: $81.38
24h Volume: 852.68K SOL
Turnover: $71.56M
SOL bounced from the $81.38 low and is now fighting near the moving averages. This is the key part: price is sitting almost directly on MA5 at $85.93 and close to MA10 at $86.04, which means bulls are trying to reclaim short-term control.
But the bigger resistance is still above at MA20: $89.04. Until SOL breaks above $87.50–$89.00, the chart remains in recovery mode, not full bullish continuation.
The danger zone is clear too. If SOL loses $85, sellers can drag it back toward $82–$81.38 fast.
Trade Setup
Entry Zone: $85.60–$86.10
Target 1: $87.50 🎯
Target 2: $89.00 🚀
Target 3: $92.00 🔥
Stop Loss: $81.30
$SOL is compressed right under resistance. Above $87.50, momentum starts waking up. Above $89, bulls can chase continuation. Lose $81.30, and the setup turns weak quickly.
