$SOL ๐ SOL/USDT โ Eyeing the $150 Breakout! ๐ฅ๐
---
๐ Market Snapshot:
๐ฐ Current Price: $145.53
๐ 24h High / Low: $149.25 / $143.64
๐ 24h Change: +0.34%
๐น Market Cap: $75.9B
๐ฆ Circulating Supply: 518.9M SOL
๐ All-Time High: $260.06 (Nov 6, 2021)
๐ All-Time Low: $0.50 (May 11, 2020)
---
๐ง Why the Buzz Around SOL?
๐ Recent Surge: Solana has shown a strong recovery, with a 50% rebound from its recent low, driven by whale accumulation and increased market activity.
๐ฆ Institutional Interest: Large crypto-native funds are actively bidding for bulk SOL positions. betting on eventual U.S. spot-ETF approval.
-
๐ 1H Technical Overview:
Trend: Short-term bullish momentum with recent higher highs and lows.
Support Levels: $143.00, $140.00
Resistance Levels: $150.00, $155.00
Indicators:
RSI: Around 60, indicating moderate buying momentum
MACD: Bullish crossover, suggesting upward momentum
Volume: Increasing, supporting the bullish trend
-
โ
Spot Strategy โ Ride the Wave:
๐ฅ Entry Zone: $143.00 โ $145.00
๐ฏ Targets:
TP1: $150.00
TP2: $155.00
TP3: $160.00
๐ Stoploss: Below $140.00
> SOL is showing strong bullish momentum.
---
โก Futures Plan โ Short-Term Play:
๐ LONG Setup:
Entry: $143.00 โ $145.00
Targets:
TP1: $150.00
TP2: $155.00
Stoploss: Below $140.00
> Look for bullish continuation patterns and increasing volume.
๐ SHORT Setup:
Entry: $155.00 โ $160.00
Targets:
TP1: $150.00
TP2: $145.00
Stoploss: Above $165.00
> Watch for rejection at resistance levels and declining volume.
---
โ ๏ธ Risk Radar !
Trend: Bullish on 1-hour chart; potential for continuation.
Volume: Increasing, indicating strong buying interest.
Support Zone: $143.00 โ $140.00; monitor for potential breakdown.
#solana
---
๐ฎ Final Thoughts โ SOL's Path Ahead:
Solana is currently in a strong uptrend with bullish momentum. Traders should remain vigilant and consider waiting for clearer signals . ๐๐
#PectraUpgrade $SOL