🚨Solana Tests Key Resistance as Range Tightens
$SOL is currently coiling into a tight no-trade zone between $77 and $94. After months of downward pressure, the 3-day chart shows price action hitting a major trendline while the Bollinger Bands are squeezing, signaling that a big move is brewing.
• The two levels to watch:
• Break above $94 Validates a trend reversal and opens the path toward $103 and $123.
• Break below $77 Confirms the bears are still in control and risks a slide back to deeper lows.
Right now, we have compression without confirmation. It’s a waiting game wait for a definitive 3-day candle close outside this range before picking a direction.