200 Week Exponential Moving Average

Solana has rebounded more than 70% from its June low near $60 and is now challenging the $95 to $115 zone that previously defined major trend shifts. A confirmed move above $115 could bring $135, $190 to $200, and potentially the record high near $295 into focus, while failure at resistance would weaken the bullish case.

Bitcoin’s rebound above $70,000 is running into a dense technical resistance zone that could challenge the latest bullish push. Short-term holders have also sent more than 44,300 BTC in profit to exchanges, increasing the risk of renewed selling pressure.