$SOL (Solana) Technical Analysis: Bullish Momentum Testing Key Resistance 🚀
Entry Zone: $85.50 – $86.20
Bullish Above: $86.80
Target 1 (TP1): $88.50
Target 2 (TP2): $92.00
Target 3 (TP3): $98.00+
Stop Loss (SL): $84.80
$SOL is currently exhibiting strong bullish momentum on the 15m chart, trading at $86.50 with a modest daily gain of +0.21%. The price has successfully bounced from its 24h low of $85.53 and is now aggressively pushing toward its recent 24h high of $86.80. The current candlestick structure shows a series of higher lows, indicating that buyers are absorbing sell pressure as the asset attempts to reclaim higher valuation zones.
The 24h trading volume for $SOL is active at 1.28M SOL, totaling approximately $110.11M USDT. This steady volume supports the current upward move, suggesting consistent interest near local support levels. To confirm a sustained breakout, SOL must decisively clear the $86.80 resistance; failure to hold current levels could lead to a brief consolidation back toward the $85.80 zone.