Currency: Solana #solana $SOL
Current Price: Around $172 - $170
Technical Trend: Bullish
Technical Indicators:
Price broke through previous resistance at $160
Relative Strength Index (RSI) at moderate levels (~58) → Not Overbought
50-Day Moving Average supports the upward trend
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Proposed Trade
Entry Point: $168
First Target (Take Profit 1): $185
Second Target (Take Profit 2): $198
Stop Loss: $158
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Reason for Selection
Solana is currently benefiting from a strong wave of interest in DeFi and NFT projects, and its strong network performance makes it one of the most active networks, along with price data supporting further upward movement.
SOLUSDT
Perp
132.43
-2.91%
