Solana ($SOL ) Flashes 3 Bullish Signals: Is $100 the Next Stop?
Solana is regaining momentum, holding above $76 after a 6%+ recovery over the past week. With key technical indicators aligning, analysts suggest a move toward $100 could be on the horizon.
🔑 3 Key Signals Driving the Setup
Parallel Channel Breakout: According to crypto analyst Ali Martinez, $SOL is trading within a parallel channel. Pushing past the $78 – $78.7 mid-range resistance could open the door to the upper boundary around $100.
TD Sequential Buy Signal: The daily chart recently flashed a TD Sequential buy signal, typically pointing to a 1–4 candle upswing or a fresh bullish trend.
MACD Golden Cross: Adding further conviction, the MACD indicator printed a golden cross, signaling building upward momentum.
📈 Major Levels to Watch
Key Resistance: $78 – $78.7 (Mid-channel confirmation point).
Upside Target: $100. Reclaiming this level could set up a mid-term rally toward $150–$200.
Key Support: $45–$60 zone remains the major accumulation area that launched the previous cycle. A drop below $45 invalidates the structure.
Do you think $SOL will clear $78 and make a run for $100 this month? Share your thoughts below! 👇
#Solana #SOL #CryptoNews #TechnicalAnalysis #BinanceSquare
$SOL
Solana is regaining momentum, holding above $76 after a 6%+ recovery over the past week. With key technical indicators aligning, analysts suggest a move toward $100 could be on the horizon.
🔑 3 Key Signals Driving the Setup
Parallel Channel Breakout: According to crypto analyst Ali Martinez, $SOL is trading within a parallel channel. Pushing past the $78 – $78.7 mid-range resistance could open the door to the upper boundary around $100.
TD Sequential Buy Signal: The daily chart recently flashed a TD Sequential buy signal, typically pointing to a 1–4 candle upswing or a fresh bullish trend.
MACD Golden Cross: Adding further conviction, the MACD indicator printed a golden cross, signaling building upward momentum.
📈 Major Levels to Watch
Key Resistance: $78 – $78.7 (Mid-channel confirmation point).
Upside Target: $100. Reclaiming this level could set up a mid-term rally toward $150–$200.
Key Support: $45–$60 zone remains the major accumulation area that launched the previous cycle. A drop below $45 invalidates the structure.
Do you think $SOL will clear $78 and make a run for $100 this month? Share your thoughts below! 👇
#Solana #SOL #CryptoNews #TechnicalAnalysis #BinanceSquare
$SOL