🚀 $SOL /USDT Technical Analysis: Bullish Momentum Brewing?
$SOL is showing signs of strength on the 15m timeframe as it maintains its recent breakout. Here is the setup:
Entry: $91.80 - $92.00 (Current consolidation area)
Take Profit (TP): $93.20 (Resistance) / $94.00 (Extension)
Stop Loss (SL): $90.50 (Support breakout)
Technical Explanation:
The 15m chart displays a clear upward trend with strong bullish candles. We are currently observing a consolidation phase near the $91.95 level. The MACD histogram is showing positive momentum, supporting the potential for a continued push toward the recent 24h high of $93.23. If the price sustains this level, we look for a move to re-test and potentially break the overhead resistance.#Solana #sol #TechnicalAnalysis #Crypto_Kite_AKS #Cryptokite
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