$SOL

The SOL chart shows some really interesting movements right now. 📊

After the sharp drop to $126, SOL experienced an impressive recovery, reaching a local peak at $160 before consolidating. The recent push to $157 suggests that momentum is rebuilding. 🔥

📌 Key Observations:

✅ Higher lows since mid-June indicate strong underlying demand.

✅ Volume remains moderate but shows spikes on bullish candles – a bullish signal.

✅ The MACD has crossed upward and the RSI is climbing towards 70 – but beware of the overbought zone.

✅ The 7-day MA is above the 25-day and 99-day MAs, reinforcing a bullish bias.

⚡️ Scenario to watch:

A clear breakout above $160 could unlock a run towards $180 again.

A failure here and a drop below $150 could mean that bulls are losing momentum.

🐂 Bulls are watching. 🐻 Bears are watching.

Which side will win?