In this analysis, we will discuss the movement of Solana ($SOL ) based on technical data and sensitive areas that might be real entry and exit opportunities:
🔹 Chart: We use candlesticks on a 4-hour interval, and we are currently seeing a rising triangle pattern forming.
🔹 Indicators:
RSI is close to 60, which means there is still room for upward movement.
EMA 50 is supporting the price from below.
🔹 Resistances and support:
Strong support at $138.
The next resistance at $150, and if it breaks, we might see a surge to $165.
📌 My personal opinion (not investment advice):
The currency is showing positive signals, and if it breaks upwards with strong trading volume, there is an opportunity to enter a buy position targeting $165.
If you entered a position with 20 USDT at $140, and set the target at $164 and the stop at $134.
Share your opinion in the comments, and did you enter a position on $SOL?
