Suggest me any coins that you want to know more! and let's dive it together! 🔥
SUI
0.946
+0.67%
SOL
85.97
+0.82%
نشر
--
$SOL Update : Cup & Candle Brewing
{spot}(SOLUSDT)
After months of consolidation between 120-145 since mid-Nov 2024, the chart is painting a classic cup and handle pattern on the daily timeframe, a bullish setup signaling potential accumulation before a breakout.
Mild ETF inflows and improving sentiment are adding fuel.
Here's the pattern in action:
Prediction: We're in a shallow correction phase right now. Testing overhead resistance at 145-150 (the handle's neckline). A decisive break above this could confirm the pattern and trigger a bullish surge. Watch for volume spikes and a close above 150 to validate.
If it fails, we might see a retest of support at 133-140 before another attempt. Bullish divergences on RSI support upside, but stay cautious, broader market dips could drag it lower.
Visual confirmation check:
Trading Idea (Not Advice! DYOR):
Open long position on breakout confirmation above 150 (for safety), or dip-buy near 140 if support holds.
TP targets: First at 170, next to 190 if momentum builds.
SL : below 133 to protect against invalidation
Risk about 8-10% from entry.
What do you think, breakout incoming? #solana #Crypto
{spot}(SOLUSDT)
After months of consolidation between 120-145 since mid-Nov 2024, the chart is painting a classic cup and handle pattern on the daily timeframe, a bullish setup signaling potential accumulation before a breakout.
Mild ETF inflows and improving sentiment are adding fuel.
Here's the pattern in action:
Prediction: We're in a shallow correction phase right now. Testing overhead resistance at 145-150 (the handle's neckline). A decisive break above this could confirm the pattern and trigger a bullish surge. Watch for volume spikes and a close above 150 to validate.
If it fails, we might see a retest of support at 133-140 before another attempt. Bullish divergences on RSI support upside, but stay cautious, broader market dips could drag it lower.
Visual confirmation check:
Trading Idea (Not Advice! DYOR):
Open long position on breakout confirmation above 150 (for safety), or dip-buy near 140 if support holds.
TP targets: First at 170, next to 190 if momentum builds.
SL : below 133 to protect against invalidation
Risk about 8-10% from entry.
What do you think, breakout incoming? #solana #Crypto
إخلاء المسؤولية: تتضمن آراء أطراف خارجية. ليست نصيحةً مالية. يُمكن أن تحتوي على مُحتوى مُمول. اطلع على الشروط والأحكام.