SOL/USDT bounced strongly from $93.55 and is now trading at $95.53 on the 15m chart. The structure has shifted to a higher low, indicating short-term bullish intent. Buyers dominate the order book with 57.86% bids, supporting the recovery.

The immediate resistance lies at $96.44, followed by the 24h high at $97.00. A breakout above $96.44 with volume could open the door for a move toward $98-$100. On the downside, $94.60 is the first support to watch. If that breaks, price may retest $93.55.

KDJ is in overbought territory with J at 85.12, so a small pullback or sideways move is likely before the next leg up. Volume on the bounce is decent but still below the 10-period MA, meaning confirmation is needed for a sustained rally.

*Trade Plan*: Buy the dip at $95.00-$95.30 with a stop at $94.40, targeting $96.40-$97.00. For shorts, wait for rejection at $96.40 with a stop at $96.80, targeting $95.00

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SOL

86.92

+0.68%