SOL is trading around 85, sitting exactly at the intersection of descending resistance and mid-range support. Price is compressing inside a narrowing structure after the recent push toward 90.
Lower highs still valid (macro downtrend intact)
Short-term higher lows forming from 77.5 base
Volatility contracting → breakout likely soon
Support: 83.5
Major Support: 77.5–78
Resistance: 87–88
Breakout Level: 90+
Strong reclaim above 88–90 → opens room toward 95 and potentially 105 if momentum accelerates.
Rejection here → move back toward 80 and possibly a sweep of 77.5 liquidity before any bounce.
Momentum shift only confirmed above 90.
⚠️ This is a decision zone — next 1–2 candles could define direction.
Lower highs still valid (macro downtrend intact)
Short-term higher lows forming from 77.5 base
Volatility contracting → breakout likely soon
Support: 83.5
Major Support: 77.5–78
Resistance: 87–88
Breakout Level: 90+
Strong reclaim above 88–90 → opens room toward 95 and potentially 105 if momentum accelerates.
Rejection here → move back toward 80 and possibly a sweep of 77.5 liquidity before any bounce.
Momentum shift only confirmed above 90.
⚠️ This is a decision zone — next 1–2 candles could define direction.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
