$SOL Reclaim $110 or Slide Back Into Trouble?
Current Price: $109.11
24h Change: +3.60%
24h High: $112.58
24h Low: $103.56
24h Volume: 6.51M SOL
SOL/USDT surged with strength but got slapped back from the $112 zone. Now sitting just under $110, price is clinging to a short-term support level. Volume has cooled slightly, and momentum is thinning — a decisive move is likely coming.
Key Levels to Watch:
• Resistance Zone: $110.40 – $111.80
This supply block has rejected price multiple times. Bulls must flip this zone to push higher.
• Support Zone: $108.60 – $107.80
A break below this area could drag SOL back toward the $105 range or lower.
Trade Setup – Momentum on Standby
Bullish Scenario:
• Entry Trigger: Break and hold above $111.80
• Upside Targets:
• Target 1: $114.50
• Target 2: $117.00
• Stop-Loss: Below $108.60
Bearish Scenario:
• Entry Trigger: Breakdown below $108.60
• Downside Targets:
• Target 1: $106.00
• Target 2: $103.50
• Stop-Loss: Above $110.40
