8.20 Midday SOL Strategy Analysis:
The price has successfully broken through and stayed above the short-term moving averages such as MA5, MA20, and MA60. The moving averages are in a golden cross formation, indicating a shift in market trend from bearish to bullish, with bulls in control. The short-term moving averages will provide support for the price, aiding in its rise,
sufficiently proving that the bulls are gathering strength. See you at the summit,
Buy on a pullback near the 178 line, target 200, breakout looks at 220.