#SolanaUSTD (SOL) is flashing green! 🟢
The price has broken out of a consolidation zone and is now trending upwards.
This could be the start of a new bull run for SOLANA! 🚀
Keep an eye on this one!
Analysis:
SOLANA has formed a clear upward trend after breaking out of a consolidation zone.
The Relative Strength Index (RSI) is currently above 50, indicating bullish momentum.
The Moving Average Convergence Divergence (MACD) is also showing a bullish crossover, further confirming the upward trend.
Possible Scenario:
If the current trend continues, SOLANA could retest the $200 level and potentially break above it.
However, a pullback to the $150 level cannot be ruled out.
Traders should monitor the RSI and MACD for any signs of weakening momentum.
Disclaimer:
This is not financial advice. Please do your own research before making any investment decisions.
#CryptoNewss #BullRunAhead #BinanceBlockchainWeek #Write2Earn!