๐จ Explosion Alert on Solana ($SOL ): Is a launch to $100 coming? ๐
Technical alarms are on in the Solana chart. If you trade Spot or are analyzing the futures market, pay close attention to this move because volatility is about to trigger a strong bullish breakout. ๐
๐ What do the indicators say?
Bollinger Bands Compressing: The bands are extremely narrow. In technical analysis, this works like a compressed spring: the more they shrink, the more violent and explosive the direction of the move becomes when they break.
ADX (Average Directional Index): It shows us weโre right at the turning point and clash of trends. The bullish strength is preparing to fully take over the chart.
๐ฏ Key Levels and Targets
Current Entry Price: $73.84 USD (my optimal personal entry at $73.60).
First Short-Term Target: Look for $75.00 in the coming hours.
Key Resistance / Breakout: The main target is directly at $84.98 - $89.01, a zone that, if broken strongly, would clear the way toward the coveted $100.00 goal.
๐ก๏ธ Risk Management: As always in crypto, discipline comes first. My trade already has a well-placed Stop Loss to protect capital against any unexpected scenario.
The futures market looks extremely promising with this pattern, though personally Iโm keeping my position in Spot, accumulating calmly.
Are you in this move, or do you prefer to wait for confirmation of the breakout? Iโll read your comments! ๐
Disclaimer: This is not financial advice. Always do your own research before opening any trade. $SOL
Technical alarms are on in the Solana chart. If you trade Spot or are analyzing the futures market, pay close attention to this move because volatility is about to trigger a strong bullish breakout. ๐
๐ What do the indicators say?
Bollinger Bands Compressing: The bands are extremely narrow. In technical analysis, this works like a compressed spring: the more they shrink, the more violent and explosive the direction of the move becomes when they break.
ADX (Average Directional Index): It shows us weโre right at the turning point and clash of trends. The bullish strength is preparing to fully take over the chart.
๐ฏ Key Levels and Targets
Current Entry Price: $73.84 USD (my optimal personal entry at $73.60).
First Short-Term Target: Look for $75.00 in the coming hours.
Key Resistance / Breakout: The main target is directly at $84.98 - $89.01, a zone that, if broken strongly, would clear the way toward the coveted $100.00 goal.
๐ก๏ธ Risk Management: As always in crypto, discipline comes first. My trade already has a well-placed Stop Loss to protect capital against any unexpected scenario.
The futures market looks extremely promising with this pattern, though personally Iโm keeping my position in Spot, accumulating calmly.
Are you in this move, or do you prefer to wait for confirmation of the breakout? Iโll read your comments! ๐
Disclaimer: This is not financial advice. Always do your own research before opening any trade. $SOL
