SOL/USDT (Perp) – Short-Term Technical Analysis (15m)
Solana (
$SOL ) is currently showing signs of a tentative recovery after a period of intense selling pressure. The price is trading around $85.96, having gained approximately +7.85% in the last 24 hours.
Trend Stabilization: On the 15-minute chart, SOL is attempting to establish a "staircase" recovery after testing a local bottom at $82.55.
Moving Averages: The asset is currently battling the MA60 on short timeframes, while the broader 200-day moving average remains in a downward slope, indicating the macro trend is still weak.
Support/Resistance: Immediate resistance is situated at $86.20–$88.00. A decisive break above $90.00 is required to flip the short-term bearish sentiment. Significant support is holding at $84.80 and $82.00.
🎯 Trade Setup (Recovery Scalp)
Entry Zone (Buy on Dip):
👉 $84.80 – $85.60
Take Profits:
TP1: $88.00 (Recent local resistance)
TP2: $92.00 (Major psychological barrier)
TP3: $97.50
TP4: $102.00 (Mid-term recovery target)
Stop Loss:
❌ $82.40 (Below the 15m local bottom)
$SOL Analysis: Is the Bottom In for Solana? 📉🚀
Solana (
$SOL ) is showing resilience today, bouncing nearly +8% from recent lows to trade around $86. While the long-term trend remains under pressure, the 15m chart indicates a potential reversal as bulls defend the $82.55 local floor.
Network activity remains high with record DeFi TVL and memecoin volume, though the price has yet to fully reflect this growth. A successful close above the $90–$92 resistance zone could set the pace for a broader recovery towards $100+. Watch the $84.80 pivot closely—if it holds, the recovery narrative stays alive.
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