Solana (SOL) is navigating through an important technical pivot point following the general market correction. On the 3-day timeframe, the price action has successfully established a distinct "Bottom," followed by a critically important "Higher Low" within a major support cluster. From an expert's perspective, this structural stability indicates that the recent decline is merely a necessary liquidity sweep rather than a trend reversal. This asset is currently showing a recovery momentum of 25.00% from the local floor.

The technical roadmap indicates that SOL is coiling for a second growth phase. Immediate resistance is at the 158.50 USD mark. A successful breakout above this level will target the supply zone of 158 - 172 USD, corresponding to Fibonacci retracement levels of 0.5 to 0.618. $SOL

SOLUSDT

Perp

82.26

-11.84%