$SOL showing some interesting signals on the charts today! ๐
Been tracking that uptrend since Oct 3 (loving those higher highs and lows), but recent price action makes me cautious. We haven't broken above that Oct 29 peak of $183, which could mean something's brewing.
๐ Looking at the indicators:
MACD's giving us a heads up โ bearish cross above zero (blue below red) with growing red histograms. Not the most bullish sight!
๐ญ My take:
Keep your eyes on $167.42 โ that's our key support (10-day EMA + FVG upper boundary). We might see a 5% dip to test it.
The game-changer? A daily close above $180. That could flip this whole bearish scenario and push us to test that $183 resistance.
What's your strategy for these levels? ๐ #Solana_Blockchain #SOL
