Hey Striver 👋
🌕 Solana is showing its power play. Holding key support and gearing up for potential upside, but a breakdown could shift tides quickly.
$SOL is trading around $148–$152, down about -0.62% intraday. After testing the $160 highs, it pulled back and now sits in a critical zone. Volume is moderate (around $3.5B), and RSI hovers between 40–48, signaling neutral to slightly bearish momentum.
🎯 Trade Plan (Long)
• Entry: $146 - $147
• TP1: $150
• TP2: $155
• SL: $145
🔍 Key Notes:
Price consolidated and bounced off the $145–$148 area. This support zone is still valid. RSI has stalled near 40, while MACD approaches a bullish crossover. Weekly chart forms a potential cup-and-handle, and if volume steps in, a breakout above $150 could unlock $155 and beyond. As long as $145 holds, buyers remain in control. institutional flows continue to support SOL on dips.
✅ Final Verdict:
The cleanest setup right now is to go long. Momentum is aligning, structure supports it, and risk is clearly defined. Entry is tight, target is reasonable, and invalidation is clear.
Structure first, noise later. Pro setups only.
👉 Like this breakdown? Stick around. More signals are coming ⚡️
