Current Price: $158.55
Prediction: 🚀 +101% move expected, target $320+
Analysis & Market Structure:
📌 Solana remains in a long-term uptrend within an ascending channel –
🔸 SOL has been respecting the higher highs and higher lows pattern, making this a strong bullish structure.
🔸 SOL is now testing key support, presenting a high-reward, low-risk buying opportunity.
📌 Support Zone Near $150 –
🔹 The price has reached a critical support area, where buyers have previously stepped in.
🔹 As long as SOL holds above $140-$150, the bullish trend remains valid.
📌 Major Resistance Levels Before $320:
✔️ $180-$190: This is the first resistance zone that needs to break for bullish continuation.
✔️ $220-$250: If SOL breaks above $190, the next major test will be around $220-$250.
✔️ $300-$320: The final target zone in this bullish move. If momentum is strong, SOL could rally even higher.
📌 Indicators & Momentum:
✔️ RSI & volume indicate buyers are stepping in, but a confirmation bounce is needed.
✔️ Bullish trendline support is still intact, reinforcing the uptrend.
✔️ A strong daily close above $170-$180 would confirm the next leg up.
Prediction & Strategy:
📈 Bullish Scenario (Most Likely):
Target: $320+ (101% gain) – A bounce from current levels would confirm a reversal.
A break above $190-$200 will accelerate upside momentum toward $250 and then $320.
📉 Bearish Scenario (Less Likely but Possible):
If SOL breaks below $140, it could retest $120-$100 before bouncing back up.
A break below $100 would invalidate the long-term bullish thesis.
Final Thoughts – Why SOL is a Strong Buy Here
🚀 Solana is still one of the most bullish altcoins, and this dip presents a solid buying opportunity.
🔸 SOL remains in an uptrend, and buying near support provides a low-risk, high-reward trade.
🔸 For traders wanting more profits, Litecoin or leverage on SOL futures could be an alternative.
📊 Overall Bias: Strong Buy ✅
🎯 Short-Term Target: $180 - $200
🎯 Mid-Term Target: $250
🎯 Long-Term Target: $320+ 🚀
💡 If you’re looking for a solid 100%+ profit trade with manageable risk, SOL is an excellent choice! 🚀🔥
Prediction: 🚀 +101% move expected, target $320+
Analysis & Market Structure:
📌 Solana remains in a long-term uptrend within an ascending channel –
🔸 SOL has been respecting the higher highs and higher lows pattern, making this a strong bullish structure.
🔸 SOL is now testing key support, presenting a high-reward, low-risk buying opportunity.
📌 Support Zone Near $150 –
🔹 The price has reached a critical support area, where buyers have previously stepped in.
🔹 As long as SOL holds above $140-$150, the bullish trend remains valid.
📌 Major Resistance Levels Before $320:
✔️ $180-$190: This is the first resistance zone that needs to break for bullish continuation.
✔️ $220-$250: If SOL breaks above $190, the next major test will be around $220-$250.
✔️ $300-$320: The final target zone in this bullish move. If momentum is strong, SOL could rally even higher.
📌 Indicators & Momentum:
✔️ RSI & volume indicate buyers are stepping in, but a confirmation bounce is needed.
✔️ Bullish trendline support is still intact, reinforcing the uptrend.
✔️ A strong daily close above $170-$180 would confirm the next leg up.
Prediction & Strategy:
📈 Bullish Scenario (Most Likely):
Target: $320+ (101% gain) – A bounce from current levels would confirm a reversal.
A break above $190-$200 will accelerate upside momentum toward $250 and then $320.
📉 Bearish Scenario (Less Likely but Possible):
If SOL breaks below $140, it could retest $120-$100 before bouncing back up.
A break below $100 would invalidate the long-term bullish thesis.
Final Thoughts – Why SOL is a Strong Buy Here
🚀 Solana is still one of the most bullish altcoins, and this dip presents a solid buying opportunity.
🔸 SOL remains in an uptrend, and buying near support provides a low-risk, high-reward trade.
🔸 For traders wanting more profits, Litecoin or leverage on SOL futures could be an alternative.
📊 Overall Bias: Strong Buy ✅
🎯 Short-Term Target: $180 - $200
🎯 Mid-Term Target: $250
🎯 Long-Term Target: $320+ 🚀
💡 If you’re looking for a solid 100%+ profit trade with manageable risk, SOL is an excellent choice! 🚀🔥
Dhanda The Great
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Dhanda The Great
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.