🌟 Solana (SOL): A bullish momentum is confirmed!
🚀 SOL/USDT continues its rise with a clearly bullish trend. The recent candles show a nice price progression, supported by an upward moving average (MA) and an RSI of 60, indicating that buyers are in control without being in overbought territory yet.
🔍 Technical analysis:
🔼 Resistance: $160 — a key threshold to surpass to aim for $180 in the medium term.
🔽 Support: $138 — a break below could slow down the current momentum.
💡 Why is this important? Solana continues to attract attention due to its speed, low fees, and numerous DeFi and NFT projects. The return of volumes on SOL shows that investors believe in it again.
📈 Conclusion: As long as the support at $138 holds, the trend remains favorable for the bulls. Keep an eye on the volumes and news from the Solana network!
📊 Don't forget to do your own research before investing.