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$SOL 📊 #SOL Daily Recap — May 12, 2026
#SOL formed a strong rejection wick and closed the daily candle green at 97.36 ✅
Price continues to trade above both short-term and long-term EMA levels, confirming that the bullish market structure remains intact 📈
▪️ Daily Close: 97.36
▪️ Candle Structure: Bullish Rejection
▪️ EMA Position: Above Short & Long-Term EMAs
▪️ Trend Structure: Bullish Continuation
▪️ Momentum: Buyers Still In Control
The wick rejection highlights strong demand from lower levels, while EMA support keeps the upside momentum active for potential continuation 🚀
#CryptoVCDrops74% #DailyOrbit