🚀 SOL/USDT Breaking Out — Strong Bullish Momentum!
In the past few hours, Solana (SOL) has shown an impressive rally, jumping +5.68% and currently trading at $188.29. On the 1H chart, we’ve seen a clean breakout above the MA(99) and MA(25) levels, confirming strong upward momentum.
Key Highlights:
• 24h High: $189.17
• 24h Low: $173.43
• Volume: 4.44M $SOL (~$798M USDT)
• Technical Signals:
• Price trading well above MA(7), MA(25), and MA(99) — bullish alignment.
• MACD in strong positive territory, signaling sustained buying pressure.
• RSI near overbought zone, suggesting momentum is hot but watch for pullbacks.
If $SOL holds above $186–$188, the next psychological target could be the $190+ zone. However, traders should watch for profit-taking as RSI levels are approaching the high range.
My Take: This breakout shows that $SOL bulls are in control. Momentum traders may ride the trend, but swing traders might wait for a small dip before re-entering.
📊 What’s your next move with SOL? Buying the breakout, waiting for a dip, or locking in profits?