Currency: Solana #solana $SOL
Current Price: Around $172 - $170
Technical Trend: Bullish
Technical Indicators:
Price broke through previous resistance at $160
Relative Strength Index (RSI) at moderate levels (~58) → Not Overbought
50-Day Moving Average supports the upward trend
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Proposed Trade
Entry Point: $168
First Target (Take Profit 1): $185
Second Target (Take Profit 2): $198
Stop Loss: $158
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Reason for Selection
Solana is currently benefiting from a strong wave of interest in DeFi and NFT projects, and its strong network performance makes it one of the most active networks, along with price data supporting further upward movement.
