Technical Analysis: Solana ($SOL ) is showing strong momentum on the daily timeframe (1D), as it breaks through a downward resistance line that has lasted for over a month. The price is currently trading around $162 after a strong bounce from support at $140.
Entry Level: $160 – $163 First Target: $178 Second Target: $195 Stop Loss: $152
Indicators:
RSI at 64: in an upward trend
MACD gave a positive crossover
Gradual increase in trading volume
Outlook: If the $168 level – a pivotal resistance – is broken, the path will be open towards $200 in the coming weeks, especially with the increasing risk appetite in the market and the growing DeFi activity on the Solana network.
Advice for Traders: Keep an eye on news regarding new Solana projects or protocol updates – they could drive the market strongly.
Is $PEPE about to explode?! A golden entry opportunity before the big move
Analysis: The $PEPE coin is forming an ascending triangle pattern on the 4H timeframe, with increasing trading volume and approaching a break of resistance at 0.00000120.
Entry Level: 0.00000118 – 0.00000122 First Target: 0.00000140 Second Target: 0.00000160 Stop Loss: 0.00000110
Outlook: The current momentum is supported by positive signals from the RSI indicator (trading above 60) and trading volume higher than the average, indicating increasing interest from whales. If the resistance is broken, we may witness a rapid upward wave similar to last April's movement.
Tip: Keep an eye on news or any massive tweets that could drive the movement!$ #PEPE