🚀 SOLANA (
$SOL ): Real Break or Retest? Technical Analysis and Exit Strategy 📈
Hello, Community! Today we are seeing a very interesting recovery in Solana. After hitting lows near $85.11, the price has jumped solidly to $90.20. What's next?
🔍 What the chart tells us (4H):
Strength in the Candles: We have seen a large green candle breaking the moving averages MA(25) and MA(99). This is a clear bullish signal in the short term.
RSI in View: The RSI is currently at 70.53. We are entering overbought territory, which means the price has strength, but it may need a "breather" soon before continuing to rise.
Key Resistances: The next big challenge is at $92.78. If we manage to close above, the path to the previous high of $97.68 is open.
💡 My Personal Strategy:
Many are aiming for round numbers like $98.50 or $100, but in trading, patience and exit management are everything.
I have decided to adjust my sell order to $97.15. Why?
Anticipation: I place myself just below the main resistance to ensure that my order is executed before sellers push the price down.
Securing Profits: In this market, it's better to exit with profit a little earlier than to get "caught" waiting for one more cent.
And what do you think? Do you believe that $BTC will push
$SOL above $100 this week, or will we see a pullback at $93?
👇 Leave your opinion in the comments and follow me for more daily analyses!
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