When the market starts waking up, I pay attention to the coins already showing relative strength. They do not always lead the entire rally, but they can reveal where traders are becoming more aggressive. Right now, Solana deserves a serious place on the watchlist.
SOL is trading around 105.55 in the screenshot, up 1.73 percent over 24 hours, with a market capitalization of approximately PKR 16.96 trillion. Among the listed coins, SOL has the strongest positive 24-hour change shown in this screenshot. That makes it worth monitoring, although one day's performance does not guarantee continued strength.
The first level I am watching is around 105. If buyers defend the 104 to 105 area and volume expands during upward candles, SOL could attempt 108 before testing the 112 region. A convincing breakout would need follow-through rather than a quick spike that immediately loses momentum.
I am also watching activity across the Solana ecosystem, decentralized exchange trading, network usage, and SOL's relative performance against BTC and ETH. These factors can add context to a price move, but current confirmation is needed before drawing conclusions about fresh capital entering the market.
Whale transactions and derivatives positioning are also worth monitoring. Large transfers do not automatically mean bullish accumulation, and rising futures activity without spot demand can make a rally more fragile.
EP: 104 to 106
TP: 112
SL: 100
If price loses the support region, I would reassess rather than hope for an immediate recovery. If buyers hold the level and break resistance with sustained participation, the setup becomes more interesting.
SOL is showing momentum, but momentum must prove itself. The next move could reward patience, while chasing an extended candle could create unnecessary risk.
I am watching the chart, respecting the levels, and waiting for confirmation.
I am ready for the move.
#Strive Buys $235M in BTC, Holdings Reach 35,595
#US inflation exceeds expectations
