Fellow Solana Investors, ๐Ÿ“Š๐Ÿ’ฐ please drop your thoughts on my analysis ๐Ÿง ๐Ÿ’ฌ.

I've been tracking Solana's price ๐Ÿ“‰๐Ÿ‘€, and on the Weekly chart ๐Ÿ“…, SOL is showing a bullish setup ๐Ÿ“ˆ with confluence between the RSI/RSI-MA14 and MACD crossing the Signal Line โš™๏ธ๐Ÿ“Š (above the histogram, which is a bullish signal ๐Ÿš€).

Additionally, Solana's price movements ๐Ÿ“‰๐ŸŒ€ seem to reflect patterns from previous bullish and bearish market cycles ๐Ÿ“†๐Ÿ“ˆ๐Ÿ“‰ over the past year. The current price action and indicators ๐Ÿ“Š appear to suggest a potential breakout of the top resistance trendline โฌ†๏ธ๐Ÿ“‰.

To me, this signals an upcoming bull run ๐Ÿ‚๐Ÿ”ฅ, especially if it breaks that trendline, which could lead to a new leg up ๐Ÿ“ˆ and possibly a new All-Time High (ATH) ๐ŸŒ•๐Ÿ† for Solana.

I donโ€™t track Bitcoin as closely ๐Ÿง, but it's also nearing a breakout of its own top trendline ๐Ÿ’ฅ๐Ÿ“ˆ. Since Solana tends to follow Bitcoin's price action pretty well ๐Ÿช™โžก๏ธ, this could further support a bullish case for SOL ๐Ÿ’ช๐Ÿ“ˆ.#BinanceLaunchpoolHMSTR #BTCPredictedNewATH #BTCReboundsAfterFOMC #CATIonBinance #NeiroOnBinance