Is $SOL preparing for a new breakout? Here’s what the chart says!
Current price: $174.95
RSI indicator at 57.56 → Positive momentum and hasn’t entered overbought yet.
MA5 and MA10 averages have started a positive crossover.
Bollinger Bands show contraction = possibility of an upcoming price explosion!
$SOL
Entry Opportunity:
Ideal entry: Upon breaking resistance at $176.70 with stability.
Targets:
First target: $183.00
Second target: $190.00
Third target (extension): $198.00
Stop Loss:
Below strong support at $164.00 (or more precisely $162.50).
Quick technical analysis: $SOL is stabilizing above the averages and showing clear buying strength. If the momentum continues, we may witness a new rise soon! #solana #sol #SolanaUSTD
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