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Solana (Sol) collected 11.9% on last week, claiming the $ 180 area and seal renewed the moment of bulish time. The rallin gets the blockchain Defio breaks out of key technical structures, lifting the question of if buyers have the strength to their whole tall near their
A model of bullish “and handle”, identified by Crypto Analysts alasy martinez August 9 also projects a potential movement to $ 1,315 – a weapon 630% from actual edges.
This pattern began to train the descent of his 2021 pic in the end of 2022. During the “handle,” a descending apart from a $ 200, acting as a result of this week.
If lolana reaches target $ 1,315 could approach $ 710 billion pothole of potential endings in the way 380, $ 752, and $ 1,048.
Cup and handle long-term signs
The cup and handle is a widely recognized paper training in technical analysis. Reflects strong accumulation, a brief consolidation, and continuing discovery.
For solo:
- Coup Coup: 8 $ low to $ 200 high
- Handle: Descending channel under $ 200
- Breaking Tragger: Move above $ 200 in the loud volume
- Target: $ 380, $ 752, $ 1,048, and $ 1,315
Historically, such patterns can lead to the extended rallides but the sudden siblings on volume of the volume and the further brader market.
Solar Solve (Sol / USD) Technician and Trade
On the 4-hour chart, Solan forecast prediction it seems to the extra. Sol makes a trend tendency key to the end of the tendency to $ 186.22. The sum of 50 feet in $ 169.71 has supported the manifestation of August prime, with a higher price picture for an upward price.
- RSI: 62.5, showing the moment of bullish without extremity overbought
- Macd: Positive crossover over zero line, if histogram growth is modest
- Candlestick behavior: Small bars with top wicks in resistance – signs of profit
Trade Constitution:
- Bullish scenario: A daily confirmed over 186 can open the path to $ 195.425 and $ 205.92, aligning with fibonon extensions.
- Bearish scenario: A rejection to $ 186 can see pullbacks towards $ 177.40 or $ 167.00, with 50-SMA offers potential.
- Risk Management: Remain under $ 177 for breakout longs, or above $ 187 for short rejections.
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