$SOL #SOLStandsStrong SOL/USDT chart data, Here is a technical analysis covering candlestick patterns, market structure, support and resistance, and chart patterns.
Market Structure
· Framing: On the 1-hour (1h) timeframe, the market is trading above the SAR (Sar Parabolic) indicator at 83.94, which is a bullish signal.
· Trend Context: The price is currently sitting just below the recent 24h High of 85.48. The fact that the price is holding above the middle line of the Bollinger Bands (84.32) suggests that momentum is favoring the bulls in the short term.
Support and Resistance
· Immediate R