$SOL Good morning, beautiful people from Binance! I see that the sun is on the rise today. Will it keep going like this or is a correction coming? It seems the bullish moment is intense...
Post
--Bullish
MarketTruth
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Bullish$SOL Market Update: Momentum Builds After Hitting $122 High
$SOL has just printed a strong local high of **$122.33**, showcasing a sharp bullish impulse on the 1-hour timeframe. The price has since retraced slightly and is currently consolidating around the $120.70 level.
· Trend: Strong upward momentum with the price well above the key MAs (MA7 at $117.81, MA25 at $116.75, and MA99 at $116.82).
· Volume: The recent green candles are backed by a noticeable spike in volume, confirming genuine buying pressure.
· Support: Immediate support is forming near the $118.50 - $119.00 zone.
$SOL has just printed a strong local high of **$122.33**, showcasing a sharp bullish impulse on the 1-hour timeframe. The price has since retraced slightly and is currently consolidating around the $120.70 level.
· Trend: Strong upward momentum with the price well above the key MAs (MA7 at $117.81, MA25 at $116.75, and MA99 at $116.82).
· Volume: The recent green candles are backed by a noticeable spike in volume, confirming genuine buying pressure.
· Support: Immediate support is forming near the $118.50 - $119.00 zone.
