$SOL 🚀 Solana (SOL) Technical Analysis – April 16, 2025 | 11:03 IST

📊 Current Price: $129.68

📈 24h Range: $123.67 – $130.50

📉 1h Change: +0.49%

📅 Date: April 16, 2025

🔍 Trend Analysis

SOL is currently trading within a bullish channel, maintaining higher lows and higher highs. The recent price action suggests a continuation of this uptrend, with potential resistance near $135.

📉 Technical Indicators

RSI (14): 55 – Neutral, indicating balanced buying and selling pressure.

MACD: Bullish crossover observed, suggesting upward momentum.

EMA (20): $126.50 – Price is above the 20-period EMA, confirming short-term bullishness.

📌 Trade Setup

Buy Zone: $125.00 – $127.00

Target: $135.00

Stop Loss: $120.00

Follow for Daily Report !!!

Comment and let me know you exist 😜!!!

#DOYR