$MSFTB Solana ($SOL) experienced a sharp pullback from its local high of $104.38 and is currently consolidating around $102.01. The price is testing strong immediate support at $101.80.
All key EMAs (EMA 7: $102.17, EMA 25: $102.82, EMA 99: $103.28) are stacked above the price, presenting dynamic overhead resistance. A breakout above these EMAs is required for bulls to regain momentum.
📊 Price Prediction & Trade Setup
📈 Long Entry (Bullish Scenario):
Entry Zone: $101.85 – $102.10
Target 1 (TP1): $102.80 (EMA 25)
Target 2 (TP2): $103.30 (EMA 99)
Target 3 (TP3): $104.30 (Local Resistance)
Stop Loss (SL): $101.40
📉 Short Entry (Bearish Scenario):
Entry Zone: $102.80 – $103.20 (Rejection at EMA Resistance)
Target 1 (TP1): $102.00
Target 2 (TP2): $101.80 (24h Support)
Target 3 (TP3): $100.50
Stop Loss (SL): $103.65
🔑 Key Levels to Watch:
Support: $101.80
Resistance: $102.82 & $104.38
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