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$SOL (Solana) Technical Analysis: Bullish Recovery & Key Resistance Test 🚀
Entry Zone: $82.50 – $83.50
Bullish Above: $84.50
Target 1 (TP1): $85.80
Target 2 (TP2): $88.00
Target 3 (TP3): $92.00+
Stop Loss (SL): $80.80
$SOL is showing strong bullish momentum on the 15m chart, currently trading at $83.99 with a daily gain of +1.67%. The price action reflects a solid recovery from a 24h low of $81.27, with the asset currently pushing against its 24h high of $84.36. The recent formation of higher lows suggests active buyer interest as Solana attempts to reclaim mid-range levels following recent market-wide volatility.
The 24h trading volume for $SOL is significant at 2.36M SOL, totaling approximately $195.37M USDT. This level of liquidity provides a healthy backdrop for the current upward move. For a sustained breakout, SOL needs to flip the $84.50 resistance into firm support; doing so could trigger a rapid move toward the $88.00 psychological barrier.
#SOL #Solana #GateSquareAprilPostingChallenge