$SOL
🚨 Solana’s Golden Cross Signals Bullish Momentum 🚨
Solana’s 50-day EMA approaches a critical crossover above its 200-day EMA, a historically reliable indicator of upward trends. The last Golden Cross in 2023 triggered a 17-month rally, and while current conditions may not mirror that duration. Moreover, a breakout above $178 could ignite rapid growth.
The MVRV ratio hovering at 1.3 suggests undervaluation, leaving room for upward movement before reaching overbought thresholds. However, resistance at $201 and macroeconomic risks loom, requiring sustained buyer conviction to hit the $262 target.
Despite Solana’s promise, its 51% projected rise pales against Mutuum Finance’s presale-driven ROI. This contrast is redirecting focus to MUTM, where early participants lock in gains before exchange listings.