Cashflow is showing signs of turning over to the Layer 1s, and $SOL is the most impressive liquidity magnet today! ⚡
After a consolidation phase around the $115 - $118 range, $SOL has started to show fairly strong dip-buying demand. Trading volume gradually ticking up on smaller timeframes suggests that short-term capital is beginning to move in.
My take: If $SOL breaks out convincingly and closes the candle above the $122 resistance level, the next target toward the $135 - $140 zone is absolutely achievable. That said, the market is moving very fast in this stretch—brothers trading leverage remember to follow risk management and set your Stoploss properly.
Have you already boarded the $SOL ship, or are you still waiting for a deeper correction? Leave a comment and share your viewpoint! 💬
#Solana #SOL #Altcoins
After a consolidation phase around the $115 - $118 range, $SOL has started to show fairly strong dip-buying demand. Trading volume gradually ticking up on smaller timeframes suggests that short-term capital is beginning to move in.
My take: If $SOL breaks out convincingly and closes the candle above the $122 resistance level, the next target toward the $135 - $140 zone is absolutely achievable. That said, the market is moving very fast in this stretch—brothers trading leverage remember to follow risk management and set your Stoploss properly.
Have you already boarded the $SOL ship, or are you still waiting for a deeper correction? Leave a comment and share your viewpoint! 💬
#Solana #SOL #Altcoins
