Solana is currently testing a high-timeframe support zone after the recent market pullback. The $100–$110 area has acted as a critical demand floor, and price is now approaching it following a broader sell-off. Short-term momentum is still weak, but the network’s fundamentals remain strong: daily transactions recently reached 2.2 billion, active addresses continue to rise, and institutional adoption is growing — Wisdom Tree has even launched its full tokenized fund lineup on Solana.
We’re looking to enter long $SOL as it nears the $107 pivot and historical demand zone. Key levels for this setup:
Entry: $106 – $109
Stop Loss: $94
Take Profit 1: $126
Take Profit 2: $143
Take Profit 3: $168
The $95 floor serves as a strong psychological support. If this level holds, the broader structure points to expansion toward the $143–$168 liquidity pools, making this a favorable long-term bullish scenario for 2026.
This trade is a “buy the dip” approach — patience is key while price tests this critical high-timeframe support.#TrendingTopic #Write2Earn #solana