SOL | Technical Update and Professional Analysis for Solana 💥🚀
📊 Current Price:
• Price $SOL: $207.56 USD
• Daily Change: +3.76%
• Highest/Lowest Price of the Day: $207.75 / $200.04
🔍 Technical Analysis:
📈 Technical Indicators:
• Moving Averages:
• 10-Day Exponential Moving Average (EMA): $203.59 (Buy Signal)
• 50-Day Exponential Moving Average: $188.28 (Buy Signal)
• 100-Day Simple Moving Average: $170.54 (Buy Signal)
• 200-Day Simple Moving Average: $158.08 (Buy Signal)
• Relative Strength Index (RSI): 54.43 (Neutral Signal)
• MACD: +6.02 (Buy Signal)
• Williams %R: -41.03 (Buy Signal)
• Rate of Change (ROC): +1.71% (Buy Signal)
📉 Support and Resistance Levels:
• Main Support: $200
• Main Resistance: $214.45
• Psychological Level: $210
🎯 Technical Recommendation:
• Entry Zone: $200 – $202
• First Target (TP1): $210
• Second Target (TP2): $214.45
• Stop Loss (SL): $195
✅ Summary:
Solana (SOL) shows positive technical signals with strong support at the $200 level. If the upward momentum continues, the price may target levels of $210 and $214.45. It is advisable to enter at the specified support levels with clear profit objectives and a suitable stop loss.
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It is always recommended to conduct personal research before making any investment decisions #SOLUSDT
