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Hey traders!
SOL just flashed a solid +1.5% move, and it’s starting to look like a powerful uptrend could be forming. If you've been watching from the sidelines, now could be the perfect time to jump in before the next surge.
Why $SOL is Looking Strong:
Solid Price Action: The price recently pushed up to $173.20, bouncing off a solid low at $166.70.
Break of Structure (BOS): Bulls seem to be re-establishing control after dipping below $170.
Higher Highs (HH) in Play: The price recently touched $178.33, with $173.79 showing strong resistance. The next push could break this level.
RSI: The current RSI is 61.49 — suggesting the bulls are in control, but we’re not yet in overbought territory. There’s still room to run.
Volume Surge: 21M in volume shows serious buying interest, with traders positioning themselves for the next move.
MACD: Positive MACD crossover — confirming bullish momentum building.
Chart Talk:
SOL is currently consolidating around the $173 range, but a breakout above $174.49 could trigger the next leg toward $178.92 and beyond. Watch for some consolidation or a minor pullback as the market builds strength.
My Strategy:
Buy Zone: Anywhere between $170–$173.5
TP (Take Profit): Target $178 short-term, $185 mid-term.
SL (Stop-Loss): Below $166.00 to protect against potential downside.
Final Words:
Opportunities like this don’t come every day. SOL is building a solid foundation with a strong support zone, and the momentum is clearly shifting to the bulls. But remember, smart entries + tight risk management = long-term success.
Is this the moment to enter? Trust the charts, plan your trades, and let the market work for you.
#solana #EthereumSecurityInitiative