$SOL Solana (SOL) | Short-Term Scalping

This analysis will focus on:

  • 📈 Market trend and momentum

  • 🟢 Long breakout scenario

  • 🔴 Short rejection scenario

  • 🕯️ 5-minute candlestick chart

SOL Market Update

  • SOL was reported around $112.28, up approximately 10.75%.

  • Solana broke above the $110 level.

  • Futures open interest and ETF inflows were reported to have increased.

📈 5m Trading Strategy

  • 🟢 Long: Wait for a confirmed bullish breakout and retest.

  • 🔴 Short: Wait for bearish rejection at resistance.

  • ⚠️ Avoid chasing a rapid price increase.

$SOL $GOOGL.US #sol #solana #BinanceSquare #HKCompletesFirstHKDStablecoinUseCase #BTCBreaks80K

GOOGL.US
GOOGL
US
Alphabet Inc. Class A Common Stock
349.23
+0.62%
SOL
SOL
111.47
-1.96%