SOL pumped from $117.36 to $122.83 today and is now consolidating around $120.41.
What I'm seeing: Holding above MA(7) 120.19 and MA(99) 120.12 - short term support is intact AVL 120.36 - price is right above it, volume is still supporting MACD: DIF 0.29 / DEA 0.18 - still positive but weakening from 0.29 earlier RSI(6): 57.03 and KDJ J: 42.90 - cooled down from overbought (76+ earlier), so the chart is fresh again
My Plan (Not Financial Advice): Buy Limit: $120.01 & $119.80 (near BOLL MB 119.44) Sell Limit: $122.72 (just below 24h high 122.83)
If $120.12 breaks, next support is $119.44 - $119.30. If $121.24 (BOLL UP) breaks with volume, next target $122.83+.
$SOL rejected from $121.34 and dipped to $117.95! RSI cooled down from 78 to 37. Healthy correction before next pump? Buying the dip? 👇 🚀🚀#SOL #Crypto🚀✅🙆♂️