🚨 Solana at a crossroads… Will the price explode or will it turn into a trap? 🔥😱
On the 1H frame, SOL is moving between strong support at $200–204 and fierce resistance near $207–214. The technical indicators paint a contradictory picture:
⚡️RSI indicator above 60 ➝ bullish momentum.
⚡️MACD indicator positive ➝ strength signal.
⚡️But… Stochastic is approaching saturation ➝ risk of sudden retracement!
The closest scenario: any bullish break above $214 could open the way to $228+, but failure at this area could quickly bring the price back towards $196–192.
⚖️ Recommendation: Wait for either a confirmed breakout with strong volume ➝ buy entry, or a bearish retracement at resistance ➝ quick sell with tight stop.
❓Your question: Will you risk your greed with the breakout or fear the bull trap? 🐂🪤
#solana #SolanaStrong #SOLFI #solonapumping #solanAnalysis $SOL