Cas Abbé
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Solana Speed Run: $220 → $240 Could Happen in Days
SOL Breakout — Clean Read, Clean Levels
SOL is pushing past $200 and trading near $201 today.
The chart is still bullish!
Why the Setup Matters
→ Golden cross (daily): 50MA crossed above 200MA
🔸 Last time (Oct 2024), SOL ran ~$155 → ~$293 in 7 days
→ Triangle compression: Price coiled for months
🔸 A clean break over resistance can release a fast move toward $210–$220
→ Big buyers: DeFi Development Corp allocated ~$250M in SOL
🔸 Whales have been active — we even saw a 12% daily pop above $196 recently
Momentum & Indicators
→ RSI: 63–64 — strong, not overheated.
→ MACD: Positive histogram — momentum intact.
→ StochRSI: Use >80 / <20 swings for entries/exits.
Bollinger Bands:
→ Upper BB: $190–$195 (was the near cap)
→ Mid BB: $183–$184 (good “hold” zone on pullbacks)
→ Lower BB: ~$160 (deeper support if market hiccups)
Short-Term Scenarios
Bull path
➣ Push through $210–$215 → tag $240
➣ Strong acceptance above $200–$206 keeps the run alive
Bear check
➣ Lose $194–$196 on volume → $188–$190 retest.
➣ Lose $171–$172 (triangle base) → room down to $150–$155.
Levels That Matter
→ Must hold: $194–$196
→ Decision: $210–$215
→ Target: $220 first, $240 if momentum squeezes
→ Triangle base: $171–$172 (lose it → structure weakens)
→ Deeper supports: $188–$190, then $150–$155 if things unwind
My Takeaway
🔸 Golden cross and triangle breakout is a strong combo.
🔸 $182–$186 was the trigger; that area now acts as support on dips
🔸 Whales and institutions are still in the flow — dips get attention.
If $194–$196 holds, I’m looking for a push into $210–$215, then a tag of $220. A clean close above $215 invites a quick shot at $220–$240.
If we lose $194, I expect a reset into $188–$190 before the next try.
#NFA $SOL
SOL is pushing past $200 and trading near $201 today.
The chart is still bullish!
Why the Setup Matters
→ Golden cross (daily): 50MA crossed above 200MA
🔸 Last time (Oct 2024), SOL ran ~$155 → ~$293 in 7 days
→ Triangle compression: Price coiled for months
🔸 A clean break over resistance can release a fast move toward $210–$220
→ Big buyers: DeFi Development Corp allocated ~$250M in SOL
🔸 Whales have been active — we even saw a 12% daily pop above $196 recently
Momentum & Indicators
→ RSI: 63–64 — strong, not overheated.
→ MACD: Positive histogram — momentum intact.
→ StochRSI: Use >80 / <20 swings for entries/exits.
Bollinger Bands:
→ Upper BB: $190–$195 (was the near cap)
→ Mid BB: $183–$184 (good “hold” zone on pullbacks)
→ Lower BB: ~$160 (deeper support if market hiccups)
Short-Term Scenarios
Bull path
➣ Push through $210–$215 → tag $240
➣ Strong acceptance above $200–$206 keeps the run alive
Bear check
➣ Lose $194–$196 on volume → $188–$190 retest.
➣ Lose $171–$172 (triangle base) → room down to $150–$155.
Levels That Matter
→ Must hold: $194–$196
→ Decision: $210–$215
→ Target: $220 first, $240 if momentum squeezes
→ Triangle base: $171–$172 (lose it → structure weakens)
→ Deeper supports: $188–$190, then $150–$155 if things unwind
My Takeaway
🔸 Golden cross and triangle breakout is a strong combo.
🔸 $182–$186 was the trigger; that area now acts as support on dips
🔸 Whales and institutions are still in the flow — dips get attention.
If $194–$196 holds, I’m looking for a push into $210–$215, then a tag of $220. A clean close above $215 invites a quick shot at $220–$240.
If we lose $194, I expect a reset into $188–$190 before the next try.
#NFA $SOL
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
SOL
193.44
-2.31%