ALERT $SOL Just Snapped Back Above $100 Is This the Bounce We've Been Waiting For❓#Solana is clawing its way back after plunging to a fresh low of $95.26 earlier today. It’s now trading at $101.47, up nearly 6% from the bottom signaling that bulls might be creeping back in after a brutal dump.
Quick Rundown:
Current Price: $101.47
24h High: $120.18
24h Low: $95.26
Hourly Loss: -14.85%
STOCH RSI: 34.69 — attempting to curve up
Why It Matters:
SOL just bounced from a major psychological support level near $95, a zone that buyers clearly respected. The swift reaction hints at possible accumulation and short-term relief, especially with rising buy pressure (Order Book shows 58.60% green).
Key Price Levels:
Immediate Resistance: $105.30
Next Major Resistance: $111
Support to Hold: $95.00
Reversal Confirmation: Break and hold above $106 with volume
Outlook:
Momentum’s shifting, but not out of danger yet. The bulls need to push above $105 fast or risk another slide. For now, eyes are on the next few candles — this bounce could either be the start of a recovery or just a dead-cat.
Stay alert — SOL’s next move could be explosive.
buy and trade here $SOL