Recently, the market has been quite interesting. The MACD is forming a golden cross near the zero line, and the moving averages are also showing a bullish arrangement. The price has been climbing from the lower band of the Bollinger Bands, and has now broken above the middle band with a slight breakthrough of the upper band. This rebound momentum is indeed quite strong.
From SOL's trend, the 136-138 range is a good entry point for bulls. If this momentum can be maintained, the short-term target can be set at 140-145, and further upward resistance can be watched around 150. Of course, the performance of $BTC and $ETH is also very critical, as their directions often determine the rhythm of the entire market.
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LiquidationKing
· 01-08 21:46
SOL this move is indeed impressive; the guys who entered at 136-138 are probably very happy now.
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MemeKingNFT
· 01-08 08:36
Well... I've heard the explanation about MACD golden cross and moving average bullishness too many times. In the end? It still gets hammered down.
This rebound of SOL is indeed interesting, but I had already predicted the 136-138 range long ago. It's just... you know, it's too late to say these now.
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SchroedingerAirdrop
· 01-07 10:53
Can SOL break through 150 this time? It all depends on Bitcoin and Ethereum's mood.
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HashRatePhilosopher
· 01-07 10:49
SOL this time really has a chance, but I'm still watching BTC's reaction.
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GasFeeSobber
· 01-07 10:45
The golden cross has appeared, but don't rush. Whether this rebound can hold until 150 depends on how the big guys move.
The price of SOL is a bit tempting, but I'm worried it's a rebound trap.
Wait, why is BTC still fluctuating? It's uncomfortable.
Recently, the market has been quite interesting. The MACD is forming a golden cross near the zero line, and the moving averages are also showing a bullish arrangement. The price has been climbing from the lower band of the Bollinger Bands, and has now broken above the middle band with a slight breakthrough of the upper band. This rebound momentum is indeed quite strong.
From SOL's trend, the 136-138 range is a good entry point for bulls. If this momentum can be maintained, the short-term target can be set at 140-145, and further upward resistance can be watched around 150. Of course, the performance of $BTC and $ETH is also very critical, as their directions often determine the rhythm of the entire market.