$SOL – Confirmed bullish signal? Will it hit $150?
SOL just surged +5.4%, closing the daily candle above MA50 (129), indicating that buying pressure has returned. RSI(20) exceeded 54 – a momentum signal for continued price increase. The short-term target could aim for the $150–155 range if it remains above $135.
Note: MA200 is far above ($181), so the rebound may continue but could be volatile. Increasing volume is a positive sign.
Personal strategy: Watch for a pullback to $137–139 to buy, with a target price of $150, and a stop loss below $133.
Do you think SOL will break out or get blocked?