$SOL is resenting a powerful opportunity for strategic accumulation. After a healthy correction from the recent high of $153.99, price action is stabilizing around the support region near $147. With the Parabolic SAR flipping below the price and 4H candles showing consolidation above the 10-period MA, the setup Hints at an imminent rebound.
FUNDAMENTALLY :
$SOL remains one of the strongest Layer 1 blockchain platforms, with growing adoption in DeFi, NFTs, and Web3 infrastructure. Its unmatched transaction speed and low fees continue to attract developers and investors alike.
Technical Indicators:
Parabolic SAR indicates a potential shift to bullish trend.
MA(5) crossing MA(10) may confirm a short-term bullish reversal.
MACD is narrowing, hinting at a bullish crossover.
Action Plan:
This is a high-conviction buy zone for swing traders and mid-term investors.
Buying $146–148
Targets
TP1 $153
TP2 $157.
STOP LOSS : $144 (to manage risk.)
$SOL remains undervalued technically and fundamentally—capitalize before the breakout.