Solana rebounded after a dip during the past hour, and is now trading near 79.2, closely hugging the upper Bollinger Band. The short-term bias is bullish, but there’s resistance overhead.



If it pulls back to stabilize around the 78 mid-band, you can look for a lower entry; 77 is the downside defense line. As long as it doesn’t break, the rebound trend remains unchanged.

It’s currently near the upper-band resistance at 79.3. For aggressive traders, you may lightly try for a pullback; the target area is 78–77.

After the recent surge, market volatility is high—don’t chase! #SOL
SOL-1.50%
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GasFeesWithAPomeloFlavor
· 07-10 08:06
The 78 mid-range level is really a good entry point, and as long as you set the defense level at 77, that’s fine—the value-for-money here is solid.
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BridgeBurned
· 07-10 06:38
As long as 77 is not broken, the trend remains. This phrase sounds familiar, said every time, but every time it actually breaks, they play dead.
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PuddingMarketMaker
· 07-10 06:07
The Bollinger upper band is so close, short-term bullish momentum is strong, but chasing in will easily get you trapped. Stay calm.
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FomoLibrarian
· 07-10 06:07
79.3 resistance test? I’m scared—just after pumping, I don’t dare to touch the higher level; I’ll wait for a retracement first.
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