The market has been quiet, but the pressure underneath the surface is becoming harder to ignore.
SOL is currently around 104.98 with a positive 24 hour move of 1.3 percent, making it one of the stronger movers among the major coins visible on the board.
That relative strength is important.
When the market starts recovering, I want to know which coins are attracting buyers faster than the rest. SOL is showing stronger short term momentum, but the real confirmation would come from increasing volume and continued strength while BTC remains stable.
The first support region I am watching is 102 to 105.
If SOL holds this area and buyers push through 110, the next upside levels become 115 and 125.
A stronger breakout accompanied by expanding volume could potentially turn this into a much larger momentum move. On the other hand, losing the 100 area would weaken the setup and tell me that buyers are not yet fully in control.
EP: 103 to 106
TP: 115, 125, 135
SL: 98
SOL is one of the names I would keep high on the watchlist if market momentum continues building.
The market does not look fully awake yet.
But it is getting warmer.
I am ready for the move.
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