📊 Solana ($SOL ) Trade Analysis
✅ Technical View
Price Range: Strong support between $140 – $150
Resistance Levels: $160 – $165
4H Moving Average: Price is trading above the 50 EMA
4H RSI: Around 55, no overbought signal
Trend: Confirmed short-term uptrend
✅ $SOL Ideal Trade Setup
Buy Zone (Entry): $142 – $145
Stop Loss: Below $138
Target 1: $155
Target 2: $165
Risk/Reward Ratio: Approximately 1:2
✅ Fundamental View
Solana recently announced several new DeFi partnerships
Network TPS (transactions per second) remains strong, with much lower gas fees compared to Ethereum
Following previous network hacks, security and performance have improved significantly
✅ Sentiment View
Overall social sentiment is positive toward SOL
Many traders see strong buyer interest around $140
🎯 Summary
👉 Long entries around $142–$145
👉 Hold for a potential move to $165
👉 Exit if price closes below $138
Buy & Trade Now 👉$SOL