๐ $SOL /USDT Analysis & Trade Targets (1D Chart)
โSolana has staged a massive vertical rally, breaking cleanly out of a multi-week consolidation range around $70.58โ$76. The price is printing a strong bullish expansion candle with heavy volume ($481.26M 24h vol), pushing standard moving averages (MA(7)=81.08, MA(25)=76.31, MA(99)=76.22) into a strong bullish alignment.
โHowever, the price hit a local peak at $93.39 and is showing early sign of dynamic resistance/profit-taking near $91.52.
โRealistic Price Predictions
โShort-Term (1โ3 Days): A minor pullback/retest is highly probable after such a sharp extension. Expect price to retest support around $84.50 โ $86.50 before attempting another leg up. If momentum holds, short-term upside target sits at $93.40 โ $96.00.
โMid-Term (1โ3 Weeks): If $SOL holds above the crucial $81.00 breakout baseline (MA7), mid-term targets aim for $105.00 โ $112.00, approaching psychological resistance levels.
$SOL
#GoldReboundsNearly5% #BitcoinBestWeekSinceMarch2023 #SpotGoldHitsHighestSinceMay15 #SamsungToAnnounceNewShareholderReturnPlanFriday #TrumpPressesCongressToPassClarityAct
โSolana has staged a massive vertical rally, breaking cleanly out of a multi-week consolidation range around $70.58โ$76. The price is printing a strong bullish expansion candle with heavy volume ($481.26M 24h vol), pushing standard moving averages (MA(7)=81.08, MA(25)=76.31, MA(99)=76.22) into a strong bullish alignment.
โHowever, the price hit a local peak at $93.39 and is showing early sign of dynamic resistance/profit-taking near $91.52.
โRealistic Price Predictions
โShort-Term (1โ3 Days): A minor pullback/retest is highly probable after such a sharp extension. Expect price to retest support around $84.50 โ $86.50 before attempting another leg up. If momentum holds, short-term upside target sits at $93.40 โ $96.00.
โMid-Term (1โ3 Weeks): If $SOL holds above the crucial $81.00 breakout baseline (MA7), mid-term targets aim for $105.00 โ $112.00, approaching psychological resistance levels.
$SOL
#GoldReboundsNearly5% #BitcoinBestWeekSinceMarch2023 #SpotGoldHitsHighestSinceMay15 #SamsungToAnnounceNewShareholderReturnPlanFriday #TrumpPressesCongressToPassClarityAct