💎 Coin Name: $SOL (Solana)
📈 Signal Type: Long
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Why SOL is Ready to Explode
Breaking Out Strong:
$SOL has successfully broken out of a significant falling wedge, a classic bullish pattern. It’s now respecting the Anchored VWAP, confirming momentum is shifting upward.
Retest Complete: After retesting the falling wedge breakout, $SOL is primed for a bullish run.
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Market Sentiment Overview
1️⃣ BTC Dominance (BTC.D):
BTC.D surged significantly but without major chaos in altcoins. Now trading near resistance, suggesting a major market move is imminent.
2️⃣ USDT Dominance (USDT.D):
USDT.D has broken its horizontal support, signaling bullish sentiment for the broader market.
3️⃣ TOTAL3 Index:
TOTAL3, which tracks the performance of altcoins excluding BTC and ETH, is in an extremely bullish uptrend.
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$SOL Trade Setup
Timeframe: 4H Chart
Entry: Around $240
Target Price (TP): $330
Stop-Loss (SL): $215
🔥 Risk-Reward Ratio: Well-balanced for this setup.
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Why $SOL Could Hit $330
Technical Patterns: Falling wedge breakout and retest.
Market Strength: Altcoins gaining momentum amid BTC.D resistance and USDT.D breakdown.
Macro Sentiment: Altcoins like SOL are leading the way in TOTAL3’s bullish momentum.
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Important Note for Traders
🚀 Leverage Users: Proceed with caution! High leverage (e.g., 20x) can amplify gains but also increases risk—stick to your strategy.
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💬 “SOL could moon to $330, don’t miss out!” – A sentiment echoed by top traders.
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🚀 Stay Ahead of the Curve!
#SOL #ETHCrosses4K #BTCRecoveredTo97K #CryptoHistoricMoment #Write2Earn!
