$SOL (Solana) Analysis and Monitoring of the Currency 💠
Current Price: 132.7
Entry from the Current Price:
132.5 – 133
Targets:
🎯 First Target: 136
🎯 Second Target: 139
🎯 Third Target: 142
Stop Loss: 128
Solana is a very fast blockchain network with low fees, supporting strong decentralized applications, which has made it one of the most active and interesting currencies for investors. The strength and speed of the network increase the chances of its continued rise in the medium term.
🔖Technical Indicators:
• The RSI indicator is close to the oversold area, which usually supports a rise.
• The MACD shows weakness in the decline and the possibility of a reversal beginning.
• The price is currently above an important support level, which is a positive point if maintained.
💡Advice:
Divide your entry and keep a reserve for any slight drop or retest of support.
⚠️ Alert:
The market is fast in volatility, so keep track of the movement of $SOL continuously and stick to the stop loss
