$SOL
The RSI stands at 66.81, indicating bullish momentum nearing the overbought zone. MACD shows steady upward momentum, hinting at potential continuation.
Key Levels to Watch
Resistance: $260.78 - A breakout here could propel SOL toward $265 and $270.
Support: $253.83 - Holding this level is crucial to sustain bullish sentiment, with $247.26 as secondary support.
With SOL approaching a critical resistance, traders should stay alert for a breakout confirmation.
Trade Setup
Long Entry: Above $260
Targets: $265, $270
Stop-loss: Below $257