The SOLUSDT analysis is looking bullish right now!
$SOL ALREADY GIVEN +50%
🚀🥳
I HOPE U GUYS HAVE CAUGHT THE BOTTOM📌💰
Tthe technical analysis gauge displays a strong buy signal for the selected timeframe, based on popular indicators like Moving Averages, Oscillators, and Pivots.
Key Levels to Watch:
- Support Levels: $220.29, $180
- Resistance Levels: $259.90, $433.34
Some analysts believe that SOL has the potential to go much higher, with conservative targets being easily reachable with the proper macro factors. The Relative Strength Index (RSI) shows a value slightly above the midline (50), indicating a slight bullish momentum.
Trade Ideas:
- Consider buying SOL if it breaks out above $220.29, targeting $329.95, $378.06, and $433.34
- Look for a retracement to the weekly demand zone and the maximum discounted area, with a possible retest of the broken bearish trendline
Market Sentiment:
The overall market sentiment is bullish, with increasing buying interest and a potential gain of 93.17% from the current level ². However, traders should be cautious of potential pullbacks and consolidation phases as the price approaches resistance zones.
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