Fellow Solana Investors, 📊💰 please drop your thoughts on my analysis 🧠💬.
I've been tracking Solana's price 📉👀, and on the Weekly chart 📅, SOL is showing a bullish setup 📈 with confluence between the RSI/RSI-MA14 and MACD crossing the Signal Line ⚙️📊 (above the histogram, which is a bullish signal 🚀).
Additionally, Solana's price movements 📉🌀 seem to reflect patterns from previous bullish and bearish market cycles 📆📈📉 over the past year. The current price action and indicators 📊 appear to suggest a potential breakout of the top resistance trendline ⬆️📉.
To me, this signals an upcoming bull run 🐂🔥, especially if it breaks that trendline, which could lead to a new leg up 📈 and possibly a new All-Time High (ATH) 🌕🏆 for Solana.
I don’t track Bitcoin as closely 🧐, but it's also nearing a breakout of its own top trendline 💥📈. Since Solana tends to follow Bitcoin's price action pretty well 🪙➡️, this could further support a bullish case for SOL 💪📈.#BinanceLaunchpoolHMSTR #BTCPredictedNewATH #BTCReboundsAfterFOMC #CATIonBinance #NeiroOnBinance