Is $SOL ‌ actually preparing for a breakout or just teasing us?



Looking at the 1h chart, Solana is putting in a decent effort to hold above 86.82 after that nasty wick down to 67.50 a while back.

We’ve seen a slow climb, but the resistance at 89.84 is proving to be a tough nut to crack.

The 24h volume is sitting at 6.11M SOL, which isn't massive but it's keeping the price steady for now.

Even though we are up slightly today, the 7-day drop of 26% still looms large over the sentiment.

Right now, the order book is almost a perfect 50/50 split between buyers and sellers. It's a total stalemate.

If we can flip 89.84 into support, we might finally see some momentum back toward 95. If we lose 84.16, we’re likely heading back to retest the 70s.

I'm staying patient. No point in forcing a trade in this range.

#GateJanTransparencyReport
SOL2,49%
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