$SOL Ready for a Massive Breakout? 🚀
Solana continues to dominate the market sentiment with its incredible ecosystem growth and high transaction volume. But the big question is: What’s next for
$SOL ?
Key Technical Insights:
Bullish Momentum:
$SOL is showing strong resilience, consistently holding above its 50-day EMA. The buying pressure suggests that bulls are eyeing a move toward the previous All-Time High.
Resistance Zone: We are currently facing a minor hurdle at the current levels. A clean breakout above this could trigger a FOMO rally.
On-Chain Data: TVL (Total Value Locked) in Solana dApps is surging, driven by the ongoing memecoin season and DeFi adoption.
My Strategy:
I am personally looking for a confirmed daily close above the resistance before adding more. If we see a healthy pullback, the $185 - $195 zone remains a solid "buy the dip" opportunity.
What about you?
Are you Bullish or Bearish on
$SOL for this week? Let’s discuss in the comments! 👇
May Allah grant halal profit to all of you. Ameen. 🤲
📊 Analysis Only Spot • Smart Target
❌ No future trade >> haram + high risky
⚠️ Disclaimer:
• Not financial advice👀
• Do your own analysis✔️
• Analysis not guaranteed❌
• Risk what you can afford🙈
#INSHALLAH #sol #TrendingTopic #Write2Earn #CryptoMarketAnalysis