#SolanaUSTD (SOL) is flashing green! 🟢
The price has broken out of a consolidation zone and is now trending upwards.
This could be the start of a new bull run for SOLANA! 🚀
Keep an eye on this one!
#SOL #SOLANA #crypto #bullrun
👉Analysis:
1: SOLANA has formed a clear upward trend after breaking out of a consolidation zone.
2: The Relative Strength Index (RSI) is currently above 50, indicating bullish momentum.
3: The Moving Average Convergence Divergence (MACD) is also showing a bullish crossover, further confirming the upward trend.
⭐Possible Scenario:
!: If the current trend continues, SOLANA could retest the £200 level and potentially break above it.
2: However, a pullback to the £150 level cannot be ruled out.
3: Traders should monitor the RSI and MACD for any signs of weakening momentum.
✨ Disclaimer:
This is not financial advice. Please do your own research before making any investment decisions.
#CryptoNewss #BullRunAhead #BinanceBlockchainWeek #BinanceSquareFamily @Kurrencya @Parrot Bamboo Crypto