πŸš€ Solana (SOL/USD) Analysis πŸš€
Key Insights:
  • Price has tested the resistance, which is now acting as support after being broken.
  • New Targets in Play:
  • Target 1: $265 ( Target 2: $300 ) ( Target 3: $400 )
Based on current momentum, it’s looking more likely that SOL could push higher and aim for $265 (Target 1) first. However, it’s important to watch for potential slower price action or a range around this level.
πŸ’‘ What to Watch:
  1. Support Zone (Highlighted in Yellow):
  2. Breakout Confirmation:
  3. Momentum vs. Consolidation:
πŸ”‘ Your Move:
  • Keep an eye on key levels and monitor for confirmation before entering trades.
  • Stay prepared for both continuation higher and potential consolidation.
πŸ“ˆ What do you think? Will SOL follow momentum and push to $265 or start to range? Let’s discuss below! ⬇️
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Prof Noah
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πŸš€ Solana (SOL/USD) Analysis πŸš€
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