๐Ÿ“Š Solana ($SOL ) Trade Analysis

โœ… Technical View

Price Range: Strong support between $140 โ€“ $150

Resistance Levels: $160 โ€“ $165

4H Moving Average: Price is trading above the 50 EMA

4H RSI: Around 55, no overbought signal

Trend: Confirmed short-term uptrend

โœ… $SOL Ideal Trade Setup

Buy Zone (Entry): $142 โ€“ $145

Stop Loss: Below $138

Target 1: $155

Target 2: $165

Risk/Reward Ratio: Approximately 1:2

โœ… 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

โœ… Sentiment View

Overall social sentiment is positive toward SOL

Many traders see strong buyer interest around $140

๐ŸŽฏ Summary

๐Ÿ‘‰ Long entries around $142โ€“$145

๐Ÿ‘‰ Hold for a potential move to $165

๐Ÿ‘‰ Exit if price closes below $138

Buy & Trade Now ๐Ÿ‘‰$SOL

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