$SOL SECURE OS US$ 120 — PREPARING A NEW MOVE? 👀
Solana continues to show strength on the daily chart. After a strong rebound, breaking out of the US$ 70 area, the asset reached US$ 124.95 and is now consolidating near recent highs.
📊 The daily chart shows:
🔸 Price: US$ 121.18
🔸 Recent high: US$ 124.95
🔸 MA7: US$ 119.88
🔸 MA25: US$ 110.90
🔸 MA99: US$ 89.61
🔸 30 days: +21.30%
🔸 90 days: +47.51%
An interesting point is the moving-average structure: MA7 is above MA25, and MA25 is above MA99, while the price remains above all three.
Now the US$ 124–125 area deserves attention. 👀 A breakout of that high accompanied by rising volume would signal renewed buying strength.
On the other side, US$ 116–120 is an important zone to watch if a correction appears.
🔥 After rising almost 70% from the US$ 72 area, SOL has not given back the move and continues to consolidate near the top.
$SOL is just catching its breath before it attempts to break above US$ 125? 👀🚀
#SOL #Solana
Solana continues to show strength on the daily chart. After a strong rebound, breaking out of the US$ 70 area, the asset reached US$ 124.95 and is now consolidating near recent highs.
📊 The daily chart shows:
🔸 Price: US$ 121.18
🔸 Recent high: US$ 124.95
🔸 MA7: US$ 119.88
🔸 MA25: US$ 110.90
🔸 MA99: US$ 89.61
🔸 30 days: +21.30%
🔸 90 days: +47.51%
An interesting point is the moving-average structure: MA7 is above MA25, and MA25 is above MA99, while the price remains above all three.
Now the US$ 124–125 area deserves attention. 👀 A breakout of that high accompanied by rising volume would signal renewed buying strength.
On the other side, US$ 116–120 is an important zone to watch if a correction appears.
🔥 After rising almost 70% from the US$ 72 area, SOL has not given back the move and continues to consolidate near the top.
$SOL is just catching its breath before it attempts to break above US$ 125? 👀🚀
#SOL #Solana