Solana is showing a short-term recovery bounce after recent heavy selling. The 1-hour momentum is bullish, supported by buyers defending the $85.50 area. If this support holds, SOL can attempt a move toward $89.20, with an extension target near $91.50. This move is corrective rather than trend-reversing, meaning upside is likely to face selling pressure near resistance. A failure to hold above $85.50 would invalidate the bounce and expose SOL to renewed downside. $SOL
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Solana (SOL):
Solana is showing a short-term recovery bounce after recent heavy selling. The 1-hour momentum is bullish, supported by buyers defending the $85.50 area. If this support holds, SOL can attempt a move toward $89.20, with an extension target near $91.50. This move is corrective rather than trend-reversing, meaning upside is likely to face selling pressure near resistance. A failure to hold above $85.50 would invalidate the bounce and expose SOL to renewed downside.
$SOL