$SOL Price Action Update
đ Current Price: $229.80 (+8.50%)
đ 24h High: $230.51 | 24h Low: $211.34
đ° Volume: 4.95M SOL
$SOL Technical Highlights
MA(7): $229.16 (Bullish Short-term Momentum)
MA(25): $228.53 (Medium-term support)
MA(99): $220.92 (Strong long-term support)
MACD: Bearish Cross (-0.11), awaiting confirmation of trend reversal.
Actionable Plan for $SOL
1. Entry Point: $228-$230 (Buy within the consolidation zone near support).
2. Target:
Short-term: $240 (next resistance level).
Mid-term: $250 (psychological barrier).
3. Stop Loss: $220 (below MA(99) for risk management).
Observation
$SOL is maintaining upward momentum, breaking key resistance levels with high volume. Watch for confirmation of MACD bullish crossover for sustained rally. Reassess positions if price fails to hold above $220.