$SOL

Technical Summary (Daily Chart)

Current Price: $150.93

EMA(9): 139.08

EMA(21): 132.76

RSI(14): 64.73 → Strong bullish momentum, but approaching the overbought zone (70+).

Volume: Decent but not explosive; recent green candle shows renewed buying interest.

Price Action: Clean breakout above EMA(9) and EMA(21) — bullish sign.

Support Zone: Around $138.13

Resistance Zone: Near $162.35 and then $186.58

Verdict:

This looks like a bullish breakout setup on the daily chart. Momentum is picking up, and price has cleared short-term moving averages.

If you're already in a long position:

Consider holding unless there's a sudden reversal with high volume.

Next resistance target: $162.35

Stop-loss idea: Below $138 (recent support)

If you're looking to enter:

Wait for a pullback near $145–148 for a safer entry.

Or, enter now with tight risk management, targeting $162–186.

#solana #SolanaStrong