Fellow Solana Investors, đđ° please drop your thoughts on my analysis đ§ đŹ.
I've been tracking Solana's price đđ, and on the Weekly chart đ , SOL is showing a bullish setup đ with confluence between the RSI/RSI-MA14 and MACD crossing the Signal Line âïžđ (above the histogram, which is a bullish signal đ).
Additionally, Solana's price movements đđ seem to reflect patterns from previous bullish and bearish market cycles đđđ over the past year. The current price action and indicators đ appear to suggest a potential breakout of the top resistance trendline âŹïžđ.
To me, this signals an upcoming bull run đđ„, especially if it breaks that trendline, which could lead to a new leg up đ and possibly a new All-Time High (ATH) đđ for Solana.
I donât track Bitcoin as closely đ§, but it's also nearing a breakout of its own top trendline đ„đ. Since Solana tends to follow Bitcoin's price action pretty well đȘâĄïž, this could further support a bullish case for SOL đȘđ.#BinanceLaunchpoolHMSTR #BTCPredictedNewATH #BTCReboundsAfterFOMC #CATIonBinance #NeiroOnBinance