$SOL Market Analysis
Market Overview:
SOL is consolidating after a sharp impulsive move, trading within a defined range as momentum cools. Price action shows buyers continuing to defend higher lows, suggesting underlying strength remains intact. However, upside continuation will require a clean reclaim of near-term resistance. Overall structure stays constructive as long as key demand holds.
Key Support:
98 – 95
This area has acted as a demand pocket where buyers have stepped in. Holding above this zone keeps the short-term bullish structure intact and supports further continuation attempts.
Key Resistance:
105 – 108
A sustained reclaim and hold above this range would signal renewed strength and open the path for higher extensions.
Trade View:
As long as price holds above 98, pullbacks into support can attract buyers targeting a move back toward 105–108. A confirmed breakout above 108 may extend the rally. Losing 95 would weaken the structure and likely lead to deeper consolidation.
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