๐ $SOL is showing serious strength on the 4H timeframe!
After bouncing from the $60 region, SOL has recovered strongly and is now testing the key resistance zone around $72.35. Bulls have stepped in aggressively, and momentum is clearly shifting in their favor.
๐ Key Levels:
๐น Resistance: $72.35 โ $76.22
๐น Support: $70.00 โ $67.00
A successful breakout and hold above $72.35 could open the door for a move toward $76.22 and potentially higher. However, traders should watch for a rejection at this level, as it may trigger a short-term pullback before the next leg up.
The recent price action suggests liquidity has been collected below, and buyers are now challenging a major supply zone.
๐ Watching closely for a clean retest and confirmation.
Are you bullish on $SOL from here, or expecting a rejection at resistance?
#SOL #Solana #BinanceSquare #CryptoTrading
After bouncing from the $60 region, SOL has recovered strongly and is now testing the key resistance zone around $72.35. Bulls have stepped in aggressively, and momentum is clearly shifting in their favor.
๐ Key Levels:
๐น Resistance: $72.35 โ $76.22
๐น Support: $70.00 โ $67.00
A successful breakout and hold above $72.35 could open the door for a move toward $76.22 and potentially higher. However, traders should watch for a rejection at this level, as it may trigger a short-term pullback before the next leg up.
The recent price action suggests liquidity has been collected below, and buyers are now challenging a major supply zone.
๐ Watching closely for a clean retest and confirmation.
Are you bullish on $SOL from here, or expecting a rejection at resistance?
#SOL #Solana #BinanceSquare #CryptoTrading