⚠️ Very strong upward movement by +8.16% during the session, with a continuous breakout from the 107.71 low up to the 119.50 high with at least some pullback. The RSI(6) at 84.83 indicates a severe overbought condition (near the top of the 80 range on this chart), meaning momentum is very strong, but it is approaching an area of extreme caution that may see an abrupt correction after buying pressure is exhausted. It’s best to significantly reduce trade size or wait for RSI to calm down and for a healthy partial correction before entering with a meaningful position. Set the stop-loss below the most recent support area at 117.50.
$SOL