$SOL Today is on fire! The price is around $190โ177, a very tempting technical signal is forming for takeoff ๐
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๐ Technical analysis (4-hour interval):
๐ Candles showing continuous buying pressure
๐น The price is above EMA50 โ Clear upward trend
๐น RSI around 67 โ There is room for upward movement before saturation
๐น Golden Cross is about to ignite โ A very strong signal for upward movement
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๐งฑ Supports and resistances:
๐ข Strong support: $171, then $168
๐ด Fire resistance: $180
๐ฃ Breaking $180 means flying towards $187 then $200
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๐ฏ Suggested trade (example for learning only):
โ Entry: $177
โ Target: $188
โ Stop: $169
โ Risk ~8 dollars against a profit ~11 dollars โ Excellent!
๐ต Did you enter with 20 USDT? You could exit with 31โ32 USDT ๐๐ฅ
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๐ฌ Question of the day: If you entered the trade, would you set the target at $188? Or aim for $200?
Write your opinion below! Let's win together and understand the market together ๐๐ค
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