$SOL BULLISH BREAKOUT INCOMING — OR A TRAP? 👀
Solana is showing a potentially bullish setup, but one level could decide its next move.
📊 SOL: ~$111.93 (Oct 11 market snapshot)
3 signals worth watching:
• Trend: Price is above 6 of 8 key moving averages.
• Momentum: Daily technical outlook is bullish, but RSI near 48 is still neutral.
• Breakout trigger: A daily close above $112.89 could strengthen the bullish case.
l🎯 Upside levels: $116.89 → $124.47
Key support: $108.51
⚠️ A break below support would weaken the setup. MACD remains bearish, so confirmation matters.
My take: Watch the breakout, not the hype. Will $SOL reclaim $113, or reject again?
👇 Drop your view: BULLISH 🚀 or BEARISH ?
