$97.92 of $SOL — do you want to buy it?

First, look at the surface: the monthly chart is rebounding by 14%, but in the short term it’s pulling back.
SOL has strongly rebounded from the June low of $60, topping out at 80+. It’s currently ranging in the 75–80 zone, around $76. Market cap is over $40B+, with $1.5–$1.7B in 24h volume. The candlesticks tell you: price is hovering near the midline of the Bollinger Band, RSI is around 50 (neutral), and the 9-day moving average at 78.7 is capping it. Short-term momentum is weak—direction is unclear. Wait for clearer signals before acting.
First question: Did you bottom-buy the $60 move in June?
In June, SOL dipped to around $60 and the whole internet was in panic. Analysts said “it’ll drop to $40,” and the “bears” cursed, “Solana is going to zero.”
Then what happened? In one month it rebounded 26%, straight back to $80.
Now at $76, it’s 26% higher than $60. People who missed the move are stomping their feet: “Should I chase?” Holders are conflicted: “Should I sell?”
Bottoms are never called out—they’re walked into.
Second question: The fundamentals haven’t broken down; if anything, they’re stronger.
Solana has crossed its 1000th Epoch—this isn’t just hype. Backpack launched a 24/7 US stock brokerage service. Ondo Finance introduced tokenized stock trading. Alvarez & Marsal accepts USDC payments—RWA adoption is happening far faster than you think.
Firedancer upgrades are still progressing, with the ultimate goal of sub-second finality.
Third question: A must-not-ignore technical signal has appeared.
At the $74 level, price has repeatedly tested it in recent days, and each time it holds. The pattern may be forming a reversal inverse head-and-shoulders: left shoulder at 60, head? and the right shoulder is being built now.
But on the short-term 4-hour chart, a breakdown below the volatility band lower track suggests the bulls currently don’t have the energy to push.
78–80 is the first wall. Break through it to look at 85–90. If it can’t break, it may drift back to 73–74 and grind.
Key levels
Support: 73–74 (key line of defense) → 67–68 (lower Bollinger Band)
Resistance: 78–80 (breakout confirmation for strength) → 85–90 → 110–130
Aggressive short-term:
Buy in batches from 74–75.5. Stop loss below 72. First target 78–80; if it breaks out, look at 85–90. The risk-reward is decent, but don’t go heavy.
Conservative swing:
Wait for a daily-volume breakout and a solid hold above 80 before entering, confirming the trend reversal. Target 100+. Right-side trading never buys the absolute bottom—but it also never gets trapped deep.
Long-term DCA:
If you truly believe in Solana, start monthly DCA in the 70–75 range, aiming for the cycle to return in 2027. But the prerequisite is: you can accept it dropping back to 60 again, and not panic.
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