$SOL is attempting a recovery after bouncing from the 83.62 support zone, but the short-term structure still needs confirmation before bulls regain full control 👀
Price is slowly reclaiming EMA(7), which shows momentum is improving after the recent selloff from 85.80. However, EMA(25) near 84.50 remains the key resistance level. A strong move above it could trigger continuation toward 84.95 and possibly 85.40 📈
The recent rebound looks healthy, but SOL still needs higher highs and stronger volume to fully shift momentum bullish.
Key levels:
Support: 83.62 → 83.50
Resistance: 84.50 → 84.95 → 85.80
Momentum setup:
If buyers maintain control above 84.20, SOL may continue recovering gradually. But another rejection under EMA(25) could pull price back toward the lower support zone again.
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