Solana
Long

Solana – Momentum Continues After \$155 Launchpad

76
Trend:

SOL rallied from \$155 support and is now trading well above both the 50 EMA and 200 EMA on 4H/Daily charts.
Strong uptrend with higher highs and higher lows in place.

Pattern:

Breakout from ascending channel retest at \$155 triggered fresh buying.
Price is currently approaching resistance near \$185–\$188, which, if broken, opens the path to \$200+.

Key Levels:

Support: \$172, \$165, \$155 (major swing low)
Resistance: \$185, \$200, \$215
Breakout Trigger: 4H close above \$185 on strong volume

Indicators:

RSI remains in bullish zone (65–70), showing strength without extreme overbought conditions.
MACD still in bullish crossover with widening histogram.
Volume increasing on upswings, confirming buyer dominance.

Trade Plan:

Entry: Buy pullbacks to \$172–\$175 OR breakout above \$185 with volume
Stop-loss: Below \$165 (swing low)
TP1: \$200
TP2: \$215
TP3: \$230 (if momentum accelerates)

Bias: Bullish while price holds above \$165.

📈 SOL’s rebound from \$155 has shifted market sentiment firmly bullish. A breakout above \$185 could be the ignition point for a run into the \$200–\$230 range.

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