#SOL

Trade setup: Following a bullish breakout from Ascending Triangle, price reached $125 but got very overbought (RSI ~ 83) and pulled back on profit taking. Pullback to near $100 support could be a swing trade entry in Uptrend, with upside potential back to $125. Stop Loss (SL) level at $88. Nearest Fibonacci Retracement levels (possible support) are $103 (50%) and $98 (61.80%). (set a price alert).

Trend: Uptrend across all time horizons (Short- Medium- and Long-Term).

Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI > 55 (Bullish).

Support and Resistance Nearest Support Zone is $100 (previous resistance), then $80. The nearest Resistance Zone is $125.