Solana (SOL) has broken out of its falling channel on the daily timeframe, indicating a potential trend reversal. After the initial breakout, SOL made a successful retest of the channel. However, it faced rejection at the 200 EMA, which is now acting as a critical resistance level.
Currently, SOL is attempting a second retest of the 200 EMA. If it breaks and holds above this dynamic resistance, we could see a swift move toward the next major target at $180, with potential to eventually revisit the previous all-time high near $260.
Supporting the bullish outlook:
📈 RSI is showing bullish divergence, confirming upward momentum.
📊 Price action is forming higher lows, establishing a clean uptrend structure.
🔍 Key level to watch: $156 resistance. A daily close above this could confirm the next leg up.
📌 Key Levels:
Resistance to break: $156
Short-term target: $180
Extended target: $260
EMA to watch: 200 EMA (Daily)
Currently, SOL is attempting a second retest of the 200 EMA. If it breaks and holds above this dynamic resistance, we could see a swift move toward the next major target at $180, with potential to eventually revisit the previous all-time high near $260.
Supporting the bullish outlook:
📈 RSI is showing bullish divergence, confirming upward momentum.
📊 Price action is forming higher lows, establishing a clean uptrend structure.
🔍 Key level to watch: $156 resistance. A daily close above this could confirm the next leg up.
📌 Key Levels:
Resistance to break: $156
Short-term target: $180
Extended target: $260
EMA to watch: 200 EMA (Daily)
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해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
FOLLOW MY TELEGRAM CHANNEL FOR FREE : bit.ly/3JfrpgV
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.