Crypto_Alchemy
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$SOL impressive 5.83% surge tells me that momentum is building, and I think we're seeing the early stages of renewed institutional interest. The strength in SOL suggests that the ecosystem's recovery narrative is gaining traction among large players.
Looking at support levels, I'm focused on the $172 zone, which sits about 9.9% below current price action. This level represents a key Fibonacci retracement that I believe whales will defend aggressively if tested. The confluence of technical indicators at this level makes it a natural accumulation zone for smart money.
For resistance, I'm tracking the 210psychologicalbarrier−roughly10210 psychological barrier - roughly 10% above current levels. As I see it, when whale activity intensifies around this pivot, we could witness explosive volume spikes that propel SOL toward the 210 psychological barrier
Looking at support levels, I'm focused on the $172 zone, which sits about 9.9% below current price action. This level represents a key Fibonacci retracement that I believe whales will defend aggressively if tested. The confluence of technical indicators at this level makes it a natural accumulation zone for smart money.
For resistance, I'm tracking the 210psychologicalbarrier−roughly10210 psychological barrier - roughly 10% above current levels. As I see it, when whale activity intensifies around this pivot, we could witness explosive volume spikes that propel SOL toward the 210 psychological barrier
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