๐ The Solana ($SOL) coin is experiencing one of the strongest upward waves in recent weeks, after breaking a strong resistance at $165.
๐ Technical Analysis:
The trend is still upward on the 4-hour time frame.
The 50-day moving average is above the 200-day = Buy signal.
If the level of $190 is broken, we might see $SOL at $210 โ $220 soon.
๐ But keep in mind:
If there is a price rejection at $190, we might see a correction to the range of $170 โ $165.
The market is volatile, and risk management is more important than opportunities.
๐ง Personal advice: Don't enter the trade late... Follow the indicators, and enter when the risk-to-reward (R/R) ratio is suitable for you.
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๐ Your opinion matters: Do you think $SOL still has upward potential? Or is a correction near? Write your opinion in the comments ๐
