SOL continues to test market operators' sentiment. In today's session, the cryptocurrency failed to clearly break through the resistance level at $144, invalidating the downward continuation hypothesis circulating among some analysts.
With the current price at $127.27, note that SOL's position remains above its key supports, demonstrating that hesitation prevails over a definitive direction. The price action reveals caution, not structured weakness. This dynamic suggests that the Solana position still holds potential but requires confirmation of strength.
In this scenario, the recommendation is to wait for the market to provide clearer signals before establishing positions. Patience in areas of uncertainty is usually rewarded. Let the chart reveal its next move — the market's sun position will be confirmed when there is a decisive breakout, either upward or downward.
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SOL continues to test market operators' sentiment. In today's session, the cryptocurrency failed to clearly break through the resistance level at $144, invalidating the downward continuation hypothesis circulating among some analysts.
With the current price at $127.27, note that SOL's position remains above its key supports, demonstrating that hesitation prevails over a definitive direction. The price action reveals caution, not structured weakness. This dynamic suggests that the Solana position still holds potential but requires confirmation of strength.
In this scenario, the recommendation is to wait for the market to provide clearer signals before establishing positions. Patience in areas of uncertainty is usually rewarded. Let the chart reveal its next move — the market's sun position will be confirmed when there is a decisive breakout, either upward or downward.