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Most people are ignoring $SOL right now but the daily candle is telling a different story.
We finally have some decent momentum after that brutal drop from 148. The price is sitting at 89.55 and it looks like we’ve built a solid base around the 67.50 area. We’re up about 6% today which is a nice change of pace.
The 24h volume is huge at 406M USDT, so there’s definitely liquidity moving back in. We are currently testing a local resistance zone around 90. If we can flip 99 into support, things could get really interesting for a move back toward triple digits.
I’m watching the order book closely because the asks are looking slightly heavier at 57%. I want to see if the bulls can chew through that selling pressure or if we just end up ranging between 80 and 95 for another week.
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