Bullish bias for SOL based on falling wedge breakout potential supported by favorable multi-timeframe EMA alignment
Falling Wedge pattern detected on the weekly chart
✅ EMA (20) Levels
Daily EMA(20): 170.17
Weekly EMA(20): 162.80
Monthly EMA(20): 144.53
✅ RSI crossing/holding above 50 on daily
🎯 Trade Plan Idea:
Entry: Around 170.17
Stop-loss: Below wedge low or under 162.80 (Weekly EMA)
Target Zones:
179-180 — first key resistance
190.00–200.00 — wedge measured move target
Not financial advice.