Post
--Bullish
SOL at $85, Ego at $130
Solana just flashed a weekly MACD “buy” signal—crypto’s favourite little green light that historically precedes rallies of 100% to 800%. Sounds divine. Also sounds like the market selectively remembering its best nights out.
Right now, SOL’s hovering in the mid-$80s, eyeing that $90–$96 resistance like it wants to ask it out. Break that, and the chart nerds start whispering about $117… maybe $130 if the triangle breakout behaves. If not, well—welcome back to sideways purgatory.
RSI has clawed back from 25 to 35, which is less “we’re so back” and more “we’ve stopped actively falling down the stairs.” It has marked bottoms before—but past performance in crypto is basically astrology with better branding.
The real buzzkill? Roughly 9.9 million SOL sitting around $90–$92 cost basis. That’s a lot of people waiting to hit “sell” the second they break even.
So yes, bullish signals are stacking. But until $90 flips cleanly, this isn’t liftoff—it’s ignition with commitment issues.
{spot}(SOLUSDT)
#MarketRebound #MACDSignal
Right now, SOL’s hovering in the mid-$80s, eyeing that $90–$96 resistance like it wants to ask it out. Break that, and the chart nerds start whispering about $117… maybe $130 if the triangle breakout behaves. If not, well—welcome back to sideways purgatory.
RSI has clawed back from 25 to 35, which is less “we’re so back” and more “we’ve stopped actively falling down the stairs.” It has marked bottoms before—but past performance in crypto is basically astrology with better branding.
The real buzzkill? Roughly 9.9 million SOL sitting around $90–$92 cost basis. That’s a lot of people waiting to hit “sell” the second they break even.
So yes, bullish signals are stacking. But until $90 flips cleanly, this isn’t liftoff—it’s ignition with commitment issues.
{spot}(SOLUSDT)
#MarketRebound #MACDSignal