My dear followers!
Are you ready to follow a potential and exciting move in the cryptocurrency market? Solana (SOL) looms with strong signals that could ignite a massive rise, but it all hinges on surpassing a critical level!
Why pay attention now?
The data on the series indicates a dramatic shift in the market dynamics for SOL:
1. 💪 Short-term whales are back to accumulating:
Short-term SOL holders (one to three months) have increased their share by an astonishing 26% in just two weeks! This confirms a strong and clear accumulation process near the $184 area.
2. 📉 Selling pressure is fading:
Long-term investor outflows have decreased by 59%, indicating that active purchases from new traders are effectively absorbing the supply. Buyers are currently outperforming sellers!
What is the key to "takeoff"?
On the chart, SOL price is swinging within a bullish "descending wedge" pattern, supported by strong "bullish divergence" in the Relative Strength Index (RSI), indicating that sellers are losing control.
But the actual launch requires strong confirmation:
• ⚠️ The critical barrier: SOL price needs to rise by 15% to 20% to surpass the main resistance range at $213 - $222.
• 🎯 Next target: If the breakout is successful and exceeds $222, we may see an extension of the rise towards $236 - $253!
Risk point:
If SOL fails to hold and drops below the $172 level, the bullish structure may collapse, so caution and close monitoring of this level are necessary.
Summary:
The combination of bullish momentum and declining selling pressure is a perfect recipe for a strong rebound, and possibly a historic breakout! Don't miss the chance to follow this exciting move.
⚠️ Risk disclaimer: Always remember that trading cryptocurrencies involves high risks and can lead to complete loss of capital. This is not financial advice.
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