Massive Move Ahead #SOL's Next Bullish Breakout or Breakdown ?
Yello, Paradisers! Could #SOL be on the brink of a major market move? Let's dive into the latest analysis!
💎#SOLUSDT is currently showing signs of a potential bullish continuation from a critical demand zone at $131.46. We've been closely monitoring #SOLANA as it follows a descending channel, and it recently broke above this formation, gaining momentum within this crucial demand area. If the price can maintain this upward momentum, a strong bullish move is highly probable.
💎For this bullish scenario to unfold, #SOL must break above the key resistance level at $134.95. A successful break of this resistance could trigger a significant rally, with the first target set at the internal resistance zone of $147.58.
💎However, caution remains essential! If the momentum falters at the demand zone, we might see a rebound from the lower support area around $127.98–$126.44. A daily close below this support zone would invalidate the bullish outlook and could pave the way for further declines.
Stay sharp, Paradisers! Keep a close eye on #SOLANA's price action as the next move could be a game-changer🥂
MyCryptoParadise
iFeel the success🌴
💎#SOLUSDT is currently showing signs of a potential bullish continuation from a critical demand zone at $131.46. We've been closely monitoring #SOLANA as it follows a descending channel, and it recently broke above this formation, gaining momentum within this crucial demand area. If the price can maintain this upward momentum, a strong bullish move is highly probable.
💎For this bullish scenario to unfold, #SOL must break above the key resistance level at $134.95. A successful break of this resistance could trigger a significant rally, with the first target set at the internal resistance zone of $147.58.
💎However, caution remains essential! If the momentum falters at the demand zone, we might see a rebound from the lower support area around $127.98–$126.44. A daily close below this support zone would invalidate the bullish outlook and could pave the way for further declines.
Stay sharp, Paradisers! Keep a close eye on #SOLANA's price action as the next move could be a game-changer🥂
MyCryptoParadise
iFeel the success🌴
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