🔥 Analysis and monitoring of $SOL (Solana) — a buying opportunity
🟢 Instant trading
💰 Current price: 119.66$
🎯 First target: 121.50$
🎯 Second target: 123.00$
🎯 Third target: 124.95$
🎯 Fourth target: 128.50$
🛑 Stop loss: 116.00$
🗣️ Let’s talk a bit about the coin
Solana is one of the strong coins in the market, and its recent movement shows it’s trying to regain momentum after dropping from the 124.95$ area.
📊 Technical indicators
🔹 The moving averages indicator is near the price, which gives an opportunity for a new move if the price can hold above the 118$ area.
🔹 The MACD indicator has started improving and the current reading is positive, which may support the continuation of the rebound.
🔹 The RSI indicator is close to the 50 level, meaning there’s no overbought situation right now and the momentum is still able to improve.
💡 Tip
If the price confirms above the 118$ area and holds onto momentum, we may see an attempt to reach the targets gradually. It’s best not to rush the entry with the full amount.
⚠️ Warning
The market is volatile, and sticking to the stop loss is essential, especially if the price breaks the 116$ area.
#solana
#sol
🟢 Instant trading
💰 Current price: 119.66$
🎯 First target: 121.50$
🎯 Second target: 123.00$
🎯 Third target: 124.95$
🎯 Fourth target: 128.50$
🛑 Stop loss: 116.00$
🗣️ Let’s talk a bit about the coin
Solana is one of the strong coins in the market, and its recent movement shows it’s trying to regain momentum after dropping from the 124.95$ area.
📊 Technical indicators
🔹 The moving averages indicator is near the price, which gives an opportunity for a new move if the price can hold above the 118$ area.
🔹 The MACD indicator has started improving and the current reading is positive, which may support the continuation of the rebound.
🔹 The RSI indicator is close to the 50 level, meaning there’s no overbought situation right now and the momentum is still able to improve.
💡 Tip
If the price confirms above the 118$ area and holds onto momentum, we may see an attempt to reach the targets gradually. It’s best not to rush the entry with the full amount.
⚠️ Warning
The market is volatile, and sticking to the stop loss is essential, especially if the price breaks the 116$ area.
#solana
#sol
