๐LONG: $SOL (1W)
Current Price $257.85
Market Cap $122.51B
Change 1h +0.42% | 24h -0.88%
Weekly Indicators:
โข RSI: 71 - Overbought ๐ข
โข MACD: 21 - Bullish ๐ข
โข EMA: 162 - Above ๐ข
Analysis:
The chart shows a classic Cup & Handle pattern that just broke outโexciting times! This bullish formation suggests a potential ride on upward momentum. Traders are buzzing with anticipation as the breakout indicates strong market confidence and a new trend could be forming.
Price Targets:
With the breakout confirmed, keep an eye on the next major resistance around $375.98. If momentum holds, this target is within reach. For now, consider buying dips and enjoying the ride as the market unfolds