Let's talk about $SOL 🔥
Currently, the price of SOL has broken through and firmly stands above the key moving averages MA5, MA20, and MA60. The short-term moving averages have formed a golden cross, the trend has flipped from bearish to bullish, and bulls are starting to dominate the market. In the short term, these moving averages will also become important support for the price, driving it upwards.
Overall, bullish momentum is building up. In terms of trading, one could consider positioning long orders around the 178 level, with a target initially set at 200. If it breaks through, it is expected to push towards 220.
