Solana just gave us a strong bounce off support and is showing signs of building momentum. This could be the calm before the breakout storm — here’s why SOL should be on your radar:
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1. Solid Bounce Off Key Support
Price dipped to a local low of $159.44, but bounced back swiftly to $166.44 — up +0.29% on the session. The market respected support hard, signaling buyers are stepping back in.
This V-shape recovery is a classic reversal setup.
Next resistance: $174.96
📈🔥
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2. RSI Waking Up
The RSI(6) is at 57.38, pushing upward with plenty of room before it reaches overbought territory. This indicates that bullish pressure is building — but there’s still runway left for a strong move.
Momentum rising = breakout brewing
⚡️⏫
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3. MACD Turning Green
The MACD histogram just flipped positive (+0.08) and the MACD line is curling above the signal. This early-stage crossover is a bullish indicator that could lead to a bigger trend reversal.
MACD is whispering: Uptrend coming.
🟢📊
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4. MA(5) vs MA(10) — Nearing Bullish Crossover
The MA(5) at 290M is climbing toward the MA(10) at 326M — suggesting a potential golden cross is in the works. These crossovers have historically led to powerful surges in SOL.
Golden cross loading…
⌛️🚀
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5. Volume Holding Steady
Volume hit 91.8M, and while it hasn’t exploded yet, it’s maintaining a healthy base. This is often a pre-breakout behavior — accumulation phase before liftoff.
Volume quiet... too quiet? That’s how rockets start.
🧨🕵️♂️
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Bottom Line:
SOL is showing early signs of a bullish reversal — RSI trending up, MACD flipping green, and a clean bounce off $159 support. If we see a break above $169.36, it could head toward $174.96 or even retest the $184.88 high.
Smart money gets in before the breakout.
SOL is warming up — are you watching?
