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Asdwka
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SOL Recovery – Reversal or Just a Bounce?
SOL is showing a solid recovery after dipping to $141. The price is now holding above short-term moving averages and testing the $155–156 zone. On lower timeframes (1H, 4H), there's a clear bullish impulse backed by strong volume.
Key Levels:
Support: $148.80 – $150.00Mid-range base: $141.50Resistance: $156.50, then $163.50Trend reversal zone: $165–170 (MA99 on the daily chart)
$SOL
What does it mean?
At this stage, the recovery looks more like a technical bounce than a full reversal. For a true trend change, SOL needs to break and hold above $165
✅ For scalpers and short-term traders, this momentum might offer an opportunity.
⏳ For mid-term positions, it's safer to wait for confirmation above key levels.
#sol #solana #CryptoAnalysis #MarketUpdate
Key Levels:
Support: $148.80 – $150.00Mid-range base: $141.50Resistance: $156.50, then $163.50Trend reversal zone: $165–170 (MA99 on the daily chart)
$SOL
What does it mean?
At this stage, the recovery looks more like a technical bounce than a full reversal. For a true trend change, SOL needs to break and hold above $165
✅ For scalpers and short-term traders, this momentum might offer an opportunity.
⏳ For mid-term positions, it's safer to wait for confirmation above key levels.
#sol #solana #CryptoAnalysis #MarketUpdate