SOL's price action tells an interesting story right now. Trading around $127, it's been grinding lower after losing that ascending trendline support.
What's catching my attention? The structure. Clear lower highs forming, but here's the thing—we're heading straight into a meaty demand zone between $105 and $115. This isn't some random level. It's a higher-timeframe area that held before, and those tend to matter.
Will buyers step in again? That's the question everyone watching Solana should be asking as price approaches this critical range.
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SilentObserver
· 2h ago
The demand zone at 105-115 really needs to be watched closely, as it was blocked there last time. The key now is whether buyers will enter the market again.
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ContractExplorer
· 2h ago
The demand zone around 105-115 indeed has some substance; it just depends on whether the buying pressure can hold above.
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MEVHunterWang
· 2h ago
The range of 105-115 is really critical; if it breaks, we have to look at lower levels.
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RugPullAlertBot
· 2h ago
Can that hurdle of 105-115 be maintained? That's the point of interest.
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GasFeeTears
· 2h ago
The range of 105 to 115 is really critical, it did hold before. It all depends on whether it can hold now.
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MidnightGenesis
· 2h ago
On-chain data shows that the range of 105-115 is not a coincidence, having supported multiple times in history. According to past experience, buy orders are coming.
SOL's price action tells an interesting story right now. Trading around $127, it's been grinding lower after losing that ascending trendline support.
What's catching my attention? The structure. Clear lower highs forming, but here's the thing—we're heading straight into a meaty demand zone between $105 and $115. This isn't some random level. It's a higher-timeframe area that held before, and those tend to matter.
Will buyers step in again? That's the question everyone watching Solana should be asking as price approaches this critical range.