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🚨 $SOL Technical Update
Bulls have reclaimed the 20 EMA ($76.84) and 50 EMA ($76.78), keeping the short term trend alive. Momentum is improving, but the real battle is still ahead.
🎯 Key Resistance: • $79.06 • $80.51 • $81.24 (100 EMA), the breakout level that could trigger a move toward $87.01.
🛡️ Key Support: • $76.84 • $76.78 • $76.20, lose this and sellers regain control.
📊 RSI: 51.49, buyers still have a slight edge, but stronger momentum above 60 would add confidence.
⚡ Outlook: Holding above $76.78 to $76.84 keeps the recovery intact. A daily close above $81.24 could ignite the next bullish leg. Until then, expect volatility as bulls and bears fight for control.
Short term bias: Neutral to Bullish. 👀🔥 #SOL