Solana is entering a critical phase as price action tightens within a 
narrowing range, signaling that a major move may be close. With volatility 
compressing and key levels clearly defined, the market appears primed for a 
decisive breakout or breakdown in the sessions ahead. Compression Phase 
Signals Imminent Volatility Spike Solana remains under notable pressure but is 
attempting to stabilize around a crucial support zone. According to 
MakroVision Research, price action in the short term is beginning to compress 
into a tight range, even as the asset continues to trade beneath key 
descending trendlines that maintain a bearish structure. Related Reading: 
Solana’s Deep Correction Could Be The Catalyst For Its Biggest Rally Yet On 
the upside, $85 stands as the first major hurdle, combining both horizontal 
resistance and the weight of the ongoing downtrend. A move beyond $98, which 
marks the most recent lower high, would offer a stronger shift in momentum and 
improve the overall outlook. Furthermore, a break above $117 would 
significantly strengthen the structure, signaling a more convincing recovery 
phase. On the downside, the $75.5 to $78 region remains the most critical 
support zone. Early signs of stabilization are emerging within this range, 
suggesting that buyers are attempting to defend it. However, any decisive 
breakdown below this area would likely reinforce bearish sentiment and open 
the door for increased selling pressure. Price structure shows Solana trading 
within a tightening range just above support, while a minor ascending 
formation develops. Despite that, the broader trend remains capped by 
descending resistance lines, indicating that a full reversal has yet to take 
shape. A breakout from this compression is expected to define the next 
significant move. Solana Ascending Formation Emerges Within A Constrained 
Range Analyzing the current chart structure, the analyst highlighted that 
Solana continues to trade within a tight range just above its key support 
zone. Within this consolidation, a smaller ascending structure is gradually 
forming, suggesting that buyers are attempting to build momentum and create a 
base for a potential move higher. Related Reading: Solana (SOL) Hits Key 
Support, Will Bulls Hold the Line? However, upside progress remains limited as 
price action continues to trade beneath the dominant red downtrend lines. 
These descending resistance levels are still firmly in control, capping 
rallies and preventing a clean shift in short-term market structure. Until 
these barriers are broken, any upward movement risks being viewed as temporary 
relief rather than a confirmed reversal. Meanwhile, a strong and impulsive 
breakout above the $85 level would mark the first meaningful bullish signal, 
potentially paving the way for an extended move toward the $95 level and 
beyond. Conversely, if the support zone gives way, selling pressure could 
intensify rapidly, increasing the likelihood of a fresh downward leg as the 
broader bearish structure reasserts control. Featured image from Adobe Stock, 
chart from Tradingview.com

Solana Compression Phase Intensifies — Next Move Could Be Explosive

Rubio&#8217;s military focus suggests prolonged US-Iran tensions, impacting 
ceasefire market expectations and highlighting diplomatic challenges.
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Rubio outlines operation epic fury, targets iran’s military

Trump&#8217;s remarks lower ceasefire odds, signaling prolonged conflict and 
heightened geopolitical tensions, impacting global markets.
The post Trump claims Iran war goals near, ceasefire odds drop appeared first 
on Crypto Briefing.

Trump claims Iran war goals near, ceasefire odds drop

Trump&#8217;s hint at a US-Iran ceasefire could signal potential diplomatic 
openings, impacting market speculation and geopolitical dynamics.
The post Trump hints at US-Iran ceasefire through back-channels appeared first 
on Crypto Briefing.

Trump hints at US-Iran ceasefire through back-channels

Huione Group allegedly served crypto scam centers in Cambodia that carried out 
“pig butchering” scams and other schemes to steal crypto from victims.

Cryptocurrency price in MXN