SOL/USDT Chart Analysis – Trade Opportunity Insight
On the SOL/USDT (15m timeframe), price made a strong dip and printed a clear intraday low at 96 USDT, which acted as a solid demand zone. From this level, buyers stepped in aggressively, pushing price up toward 106.50, showing strong recovery momentum.
After this sharp rebound from 96, the market entered a controlled consolidation phase between 104.80 – 105.50. This structure suggests the selling pressure from the -11% move has been absorbed, and price is now stabilizing above key short-term support.
Key technical levels:
Major support: 96 USDT (strong rejection zone)
Immediate support: 104.80 – 105.00
Resistance: 106.50
A clean break and hold above 106.50 could confirm continuation toward higher levels.
The bounce from 96 USDT followed by higher lows indicates buyers are defending the price well. This kind of price action often appears before the next directional move. With risk clearly defined below support, the current zone looks favorable from a risk-to-reward perspective.
In my opinion, this is a well-structured area to plan a trade in
$SOL . Momentum is rebuilding after a strong recovery, and if volume supports the move,
$SOL has room to continue upward. As always, manage risk properly while trading
$SOL .
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