🔥📈 Strong rise for Solana (SOL) and breakout of an important resistance!

The SOL currency recorded a sharp rise to $195.16 with a daily increase of +6.88%, approaching the resistance at $199.28, indicating a clear entry into a strong upward wave.

Key technical points:

✅ Overall trend: Strongly bullish

✅ Trading volume is very high (reflecting strong buying momentum)

✅ Indicators (StochRSI) indicate overbought conditions

✅ The price has broken above the upper Bollinger Band, indicating strength in momentum

Technical forecast:

🔼 If the level of $199.28 is broken, we may see an ascent towards $205 – $210

🔽 In case of a correction, the price may return to test support at $186 – $180 before resuming the rise

📌 Advice for traders:

Buying now carries risks due to reaching the overbought zone

✋ It’s better to wait for a correction or a clear breakout of the $200 level with confirmation from the candles

---

📊 Analysis is not financial advice, but for monitoring and awareness of market movements.

#Solana #SOL #Technical_Analysis #Cryptocurrencies #Crypto #Binance