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Overall trend: bearish with a sharp dump from ~106 to ~80, then sideways/consolidation between 80–100.
• Recently: rebound from the bottom ~76–78, testing resistance ~92–94, currently trading around 90–91 with signs of weakness lower highs.
• Volatility is high, volumes are low in the sideways range → waiting for a breakout up or down.
Entry points for buying long:
• Support at 88–90 current zone: enter on rebound + bullish candle hammer/engulfing. Stop below 86, targets 92–96, risk/reward ~1:2.
• Breakout above 92: enter on retest at ~92.5, stop below 91, targets 98–100+.
Entry points for selling short:
• Resistance at 92–94: enter on rejection shooting star/bearish engulfing. Stop above 95, targets 88–85, risk/reward ~1:2.
• Break below 88: enter on retest at ~87.5, stop above 89, targets 80–82 or lower on momentum.
Recommendations:
• Risk per trade 1–2% of the deposit.
• Keep an eye on BTC — SOL is highly correlated.
• This is not financial advice — DYOR, the crypto market is very volatile.