🔥 SOL is stuck at the key moving average level. The market sentiment will soon provide the answer 👀
🟢 If the price stabilizes above the moving average and breaks upward, it indicates a change in market mindset — from "sell on rebound" to "buy on dip" 📈, which will significantly increase the probability of breaking through the $147 resistance level. Once a volume breakout occurs, SOL is expected to quickly surge toward $172, and the bullish momentum will accelerate 🚀
🔴 But if the price falls below the moving average, it indicates that the bulls are starting to loosen their grip ⚠️
SOL may decline to $116 in line with the trend, but it’s important to note that if a strong rebound occurs near $116, the market is unlikely to turn bearish immediately. Instead, it may enter a short-term range-bound phase with renewed tug-of-war between bulls and bears.
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#SOL
🔥 SOL is stuck at the key moving average level. The market sentiment will soon provide the answer 👀
🟢 If the price stabilizes above the moving average and breaks upward, it indicates a change in market mindset — from "sell on rebound" to "buy on dip" 📈, which will significantly increase the probability of breaking through the $147 resistance level. Once a volume breakout occurs, SOL is expected to quickly surge toward $172, and the bullish momentum will accelerate 🚀
🔴 But if the price falls below the moving average, it indicates that the bulls are starting to loosen their grip ⚠️
SOL may decline to $116 in line with the trend, but it’s important to note that if a strong rebound occurs near $116, the market is unlikely to turn bearish immediately. Instead, it may enter a short-term range-bound phase with renewed tug-of-war between bulls and bears.