$SOL 🚀 SOLANA (SOL) – SHORT-TERM TRADE SETUP 🚀

Current Price: $152.63

24h Range: $142.61 – $153.84

Market Cap: $77.43B

24h Volume: $4.53B

📈 Buy Zone:

🔹 $145 – $150

🎯 Targets:

🔸 Target 1: $160

🔸 Target 2: $170

🛑 Stop Loss:

🔻 $140

💡 Technical Insights:

Solana has recently broken above a multi-month descending channel, signaling a potential bullish trend continuation. The Relative Strength Index (RSI) is hovering around 50, indicating neutral momentum with a slight bullish bias. Additionally, a "Cup and Handle" pattern is forming on the weekly chart, which is typically a bullish continuation pattern.

⚠️ Risk Management:

Always use a stop loss to manage potential downsides. The suggested stop loss is set at $140 to limit potential losses.

📌 Disclaimer:

This is not financial advice. Always conduct your own research (DYOR) before making investment decisions.

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