$SOL
Weekly trend: SOL shows a bullish engulfing pattern on the weekly chart, indicating positive momentum supporting buyers.
CoinGape
+1
Door: All-in-One Crypto App
+1
RSI: Approaching 35, indicating oversold conditions and potential rebound.
MACD: Still in the bullish zone but losing momentum, indicating limited upside potential.
Vritimes
Volume & Whale Activity: On-chain data shows accumulation by whales in the range of $125–$130, indicating confidence in rebound potential.
Swing Trader: Consider accumulation in the range of $125–$130 with a breakout target above $145.
Conservative traders: Wait for confirmation of a daily close above $145 before entering a position.
Vritimes
Risk management: Use a stop-loss below $120 to limit potential losses.