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Update- $SOL is making HH (same with $BTC ) it broke resistance levels and right now, by the looks of it, if it keeps its momentum, we’re heading over to 173 to test resistance. If it doesn’t, and the selling pressure increases, it would probably reverse and pull back to 163-165 zone, however, if it does, we might see it around 175-180. —On the 1 day chart, sol looks firmly bullish and we might see it at 180-200 by 1 day to a couple weeks depending on the market. But overall its bullish and strong. Please don’t take anyones advice for 100% certainty! Always do your own research before taking any steps. Good luck! #MicroStrategy #BinanceLaunchpool #altcoins #SolanaStrong #EarnFreeCrypto2024

Update-

$SOL is making HH (same with $BTC ) it broke resistance levels and right now, by the looks of it, if it keeps its momentum, we’re heading over to 173 to test resistance.

If it doesn’t, and the selling pressure increases, it would probably reverse and pull back to 163-165 zone, however, if it does, we might see it around 175-180.

—On the 1 day chart, sol looks firmly bullish and we might see it at 180-200 by 1 day to a couple weeks depending on the market. But overall its bullish and strong.

Please don’t take anyones advice for 100% certainty! Always do your own research before taking any steps. Good luck!

#MicroStrategy #BinanceLaunchpool #altcoins #SolanaStrong #EarnFreeCrypto2024

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💥💥 𝗦𝗼𝗹𝗮𝗻𝗮 𝗣𝗿𝗶𝗰𝗲 𝗣𝗿𝗲𝗱𝗶𝗰𝘁𝗶𝗼𝗻 𝗳𝗼𝗿 𝗧𝗼𝗱𝗮𝘆 1. 𝗥𝗲𝗰𝗲𝗻𝘁 𝗣𝗿𝗶𝗰𝗲 𝗔𝗰𝘁𝗶𝗼𝗻: The price has rebounded from a low of 160.93 and is currently at 170.48. There is a visible upward momentum as indicated by the last few candles on the 30-minute chart. 2. 𝗞𝗲𝘆 𝗟𝗲𝘃𝗲𝗹𝘀: Resistance: The recent high of 183.54 is a significant resistance level. Support: The recent low at 160.93 is a key support level. 3. 𝗠𝗼𝘃𝗶𝗻𝗴 𝗔𝘃𝗲𝗿𝗮𝗴𝗲𝘀: The MA5 (5-period moving average) is at 22.36K, indicating strong recent buying interest. The MA10 (10-period moving average) at 20.21K also supports the upward trend. 3. 𝗠𝗔𝗖𝗗 (𝗠𝗼𝘃𝗶𝗻𝗴 𝗔𝘃𝗲𝗿𝗮𝗴𝗲 𝗖𝗼𝗻𝘃𝗲𝗿𝗴𝗲𝗻𝗰𝗲 𝗗𝗶𝘃𝗲𝗿𝗴𝗲𝗻𝗰𝗲): The MACD line (0.302) is above the signal line (0.881), which is a bullish sign. The histogram shows increasing positive values, indicating increasing upward momentum. 4. 𝗩𝗼𝗹𝘂𝗺𝗲: The volume is currently 27.68K, which is higher than the MA5 and MA10, suggesting strong buying interest. 5. 𝗢𝘃𝗲𝗿𝗮𝗹𝗹 𝗧𝗿𝗲𝗻𝗱: Bullish Scenario: Given the current upward momentum, positive MACD, and strong volume, there is a high probability that the price will continue to rise towards the next resistance level at 177.88 and possibly test the recent high at 183.54 Probability: ~70% Bearish Scenario: If the price faces strong resistance and fails to break above 172.23, it could retrace back to the support level at 166.58. Probability: ~30% 𝗖𝗼𝗻𝗰𝗹𝘂𝘀𝗶𝗼𝗻: Based on the technical indicators and recent price action, there is a higher likelihood (around 70%) that the price of SOL/USDT will continue its upward trajectory. $SOL $BTC #buythedip #altcoins #BinanceLaunchpool #ETHETFsApproved #solanAnalysis
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