$SOL Has a Mid-Term Uptrend
- **Current Price**: $158.92 - $159.43
- The price is above **MA200**, reinforcing the long-term uptrend signal.
- **Technical Indicators**:
- **MACD**: The MACD line crosses above the Signal, positive histogram → Buying pressure is dominant.
- **RSI**: ~50-60 (not in overbought territory), allowing for continued upward momentum.
- **Support & Resistance**:
- Short-term resistance: **$160** (psychological) → **$180** (breakout target).
- Strong support: **$149-150**
- 👉SOL is in the "Hope" zone → History often signals price increase.
- Long-term holders (LTH) are actively accumulating → Confidence in long-term growth.
- **Entry Point**:
- Prioritize the range of **$155-158**.
- **Profit Target**:
- Short-term: **$160**.
- Long-term: **$192.36**.
- **Stop Loss**: Set below support at **$149**
- Take profit 30-50% at **$160** if the price encounters strong resistance.
- Exit the position if the price breaks below **$149** with a MACD reversal to the downside.
Please consider carefully when entering a position!