COIN NAME- #solana
SIGNAL TYPE- LONG
This SOL/USDT chart suggests a potential bullish breakout. The price consolidates within a symmetrical triangle pattern, indicating indecision before a significant move. The EMA ribbon has turned supportive, with the price trading above it, showing bullish momentum. The RSI at 68.11 is nearing overbought levels but still supports upward movement. A breakout above the triangle could drive the price toward the $280 target, aligning with the chart's projected trajectory. Volume confirmation will be crucial for validating the breakout. A bullish trend continuation is likely if the price sustains above key support levels.
Trade Details:
Entry: Around 197 or current price ( Join my Binance live for premium crypto signals )
TP: 280
SL: 188
$SOL
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