Now that SOL has broken above the 50 EMA (115.71) and is at 116.11, here’s what it means:
Bullish Signs:
✅ Price Above 50 EMA → This is a short-term bullish indicator. ✅ RSI (30) at 50.09 → RSI above 50 suggests increasing bullish momentum. ✅ Increasing Volume → Shows buyers are stepping in.
Next Target: 200 EMA (120.64)
If SOL breaks 120.64, a bullish trend could be confirmed.
If it fails at 120, it might retrace to test support.
Probability of Bullish Move:
Above 50 EMA = 60-65% chance of testing 120-122.
Rejected at 120 EMA = Pullback to 115-112.
Watch for:
Volume increase
RSI holding above 50
Price staying above 115.7
If these hold, SOL could continue its uptrend toward 120-122. #sol #solnana
The RSI is currently at 63.67, which is not yet overbought (typically, over 70 signals overbought conditions), but it's approaching higher levels where a correction could occur. This may be a signal to prepare for a potential short if the RSI reaches overbought territory (above 70)
At this time BTC and Altcoin or Meme coin relationship if BTC touch 100K or Dump
When Bitcoin hits $100K, excitement will peak, but a fall is likely as whales and big investors take profits. This sell-off could trigger a shift, with money flowing into altcoins and meme coins like TON and PEPE, which are already heavily dumped. However, this won’t bring stability—altcoins and memes will become wildly volatile, with extreme pumps and dumps as speculators try to capitalize on the chaos. Investors chasing quick gains in these coins could face major risks, as the market will remain unpredictable. Bitcoin’s fall might open opportunities, but caution is key as altcoins spiral into instability.
When Bitcoin hits $100K, excitement will peak, but a fall is likely as whales and big investors take profits. This sell-off could trigger a shift, with money flowing into altcoins and meme coins like TON and PEPE, which are already heavily dumped. However, this won’t bring stability—altcoins and memes will become wildly volatile, with extreme pumps and dumps as speculators try to capitalize on the chaos. Investors chasing quick gains in these coins could face major risks, as the market will remain unpredictable. Bitcoin’s fall might open opportunities, but caution is key as altcoins spiral into instability.