The chart shows Solana (SOL/USDT) on the 1-hour timeframe with a falling wedge pattern, a typical bullish reversal signal ๐. After breaking out of the wedge, SOL demonstrated a strong recovery, supported by EMA ribbons indicating upward momentum ๐. RSI suggests rising strength, indicating bullish potential ๐. The price action is targeting higher levels with a well-defined risk-reward zone. The projection aligns with a bullish outlook, confirming a 99% conviction in upward momentum ๐. SOL appears ready for further growth, breaking key resistance levels confidently โ .
This chart displays the Crypto Total Market Cap Excluding BTC and ETH (TOTAL3) on the 1-day timeframe, forming a cup-and-handle pattern, a classic bullish continuation setup ๐. The large rounded bottom signifies market accumulation, and the handle consolidates near resistance levels, hinting at an imminent breakout ๐. EMA ribbons confirm an uptrend, while the RSI is above 76, indicating strong momentum โก. With a projected upward trajectory towards $2 trillion, this chart supports a 99% conviction in SOL's bullish momentum ๐. The setup reflects strength across altcoins, suggesting broader market growth ๐โ .
This Binance SOL/USDT Liquidation Heatmap highlights significant liquidation levels at $240 and $250 ๐. Dense liquidation activity above current prices suggests bullish momentum ๐, reinforcing SOL's potential upward trajectory ๐โ .
Entry: 239.16$ or Market Price
1st Tp: 251.22
2nd Tp: 263.36
3rd Tp : 271.52
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$SOL #swap_crypto
