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SOL stabilizes and warms up in the afternoon, showing an upward trend.
In the midday, consolidating around $85.6, with slight gains over 24 hours, and a weekly rebound.
Selling pressure weakens, buying interest supports, ETF funds continue to flow in, and volatility stabilizes, brewing a rebound.
Technical analysis:
Daily chart shows convergence at low levels, moving averages support, RSI rebounds, bullish recovery;
4-hour chart stabilizes above $84, resistance at $87-88, breaking through targets $90-92.
Trading suggestion:
Enter long positions around $81-83, with targets near $88-90.