$SOL 🚀 Trend: Support Reclaimed — Primed for Breakout
👉 Prime Buy Zone: $87.80 – $88.35
🎯 Target 1 (Quick): $90.50
🎯 Target 2 (Main): $92.80
🎯 Target 3 (Extended): $95.00+
🛑 Strict Stop Loss: $85.90
🧠 Market Note (For the Team):
SOL is showing a classic "Hammer" formation on the hourly chart after testing the $86.26 low. This indicates that the sellers have exhausted their momentum and the bulls are stepping back in. The price is currently building energy just below the MA(21) resistance at $89.21.
Technical Indicators:
RSI (6): Currently at 39.59, moving upward from the oversold region. This suggests a strong recovery phase is just beginning.
MACD: The histogram is starting to fade from deep red to light red, signaling that the bearish trend is losing its grip.
Liquidity: With $164.76M in 24h USDT volume, there is plenty of fuel for a fast move once the $89.50 level is breached.
The Play: Tell the team to keep a close eye on the $89.50 level. A candle closing above that on the 15-minute or 1-hour chart will likely lead to a fast sprint toward $92.
#SOL #Solana #CryptoTrading #Scalping #TradingSignals #wealthbuilding $SOL
