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🔥 Is SOL on the verge of a big explosion?! The opportunity everyone has been waiting for?! 🔥
💡 Quick technical analysis:
✅ Noticeable rebound! After dropping to around $145.51, SOL has seen a good upward movement towards $148.94 currently, with clear resistance near $150.41.
✅ The indicators are exciting! The Relative Strength Index (RSI) is at 48.00, still far from the overbought zone, which means there is excellent room for more upward movement!
✅ MACD hints at an upcoming reversal! The gap between DIF and DEA has started to narrow, and if a positive crossover occurs, we might witness a strong launch!
🚀 Expected scenario:
If SOL can break the resistance at $150.41 firmly, we may see an upward acceleration towards $157.00 then $160.00 in the short term!
In case of a pullback, the $145.00 - $143.90 area could be strong support to test the buyers' resilience.
🔥 Is SOL ready to explode?!
With improved market sentiment and increased momentum around Layer 1 projects, SOL is poised to be one of the stars of the next phase! Are you ready to ride the wave?!
📢 Share your opinion! Do you expect to see SOL at $160 soon? 🚀👇
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📊 Technical pattern analysis – Are we witnessing the formation of an explosive pattern?!
🔍 Potential technical pattern:
✅ "Ascending Lows" pattern: We see gradually higher lows on the 4-hour frame – indicating strong buying pressure.
✅ Testing a horizontal resistance area: The $150-$151 area acts as a critical resistance – breaking it with strong trading volume could be a signal of an upcoming explosion!
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🚨 Supporting signals from the indicators:
RSI is stable and might rise → An opportunity to increase buying momentum.
MACD is close to a positive crossover → Supporting the idea of an upcoming rise.
Relatively good trading volumes → Enhance the likelihood of breaking resistance.
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🎯 Upcoming movement predictions:
Potential rise towards $157 if resistance at $150 is firmly surpassed.
Strong support at $143.90 – $145 in case of a temporary correction.
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💬 My personal opinion:
SOL is experiencing a golden moment – tight volatility near strong resistance, with indicators ready to break through, all supporting the likelihood of an upcoming rise. However, let's not forget that breaking support could open the door to a temporary corrective drop.
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✅ Final advice:
Watch closely for a break of the $150.41 area or a break of support at $145.00.
Do not enter a trade without a proper stop loss under $143.00 to protect capital.
Real-time follow-up is very important over the next two days!
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📢 Do you think SOL will surpass $157 soon? Or are we facing a distribution trick before the drop? Share your predictions!
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