nverted Head and Shoulders Breakout: SOL crosses $150 after an inverted head and shoulders breakout in the weekly chart.
Fibonacci Level Breakouts: With the 50% level already surpassed, eyes are now set on breaking the $158 mark, aligning with the 61.80% Fibonacci level.
Psychological Mark Reclaimed: SOL reclaims the significant $150 mark, signaling strong bullish momentum.
Upside Potential: From a year's low around $10 to crossing $150, showcasing Solana's potential for further gains.
Technical Indicators: The MACD indicator's bullish crossover supports the uptrend, suggesting strong momentum.
Volume and Market Growth: Rising volumes and market enthusiasm bolster SOL's trajectory towards $250.
Current Trading Status: Trading at $151.77 with a 1.94% intraday gain, maintaining a bullish pattern with a 47% increase over the last three weeks.
Potential Targets: Aiming for the $250 peak, with the immediate next step being the successful breach of the $158 level.
Fibonacci Level Breakouts: With the 50% level already surpassed, eyes are now set on breaking the $158 mark, aligning with the 61.80% Fibonacci level.
Psychological Mark Reclaimed: SOL reclaims the significant $150 mark, signaling strong bullish momentum.
Upside Potential: From a year's low around $10 to crossing $150, showcasing Solana's potential for further gains.
Technical Indicators: The MACD indicator's bullish crossover supports the uptrend, suggesting strong momentum.
Volume and Market Growth: Rising volumes and market enthusiasm bolster SOL's trajectory towards $250.
Current Trading Status: Trading at $151.77 with a 1.94% intraday gain, maintaining a bullish pattern with a 47% increase over the last three weeks.
Potential Targets: Aiming for the $250 peak, with the immediate next step being the successful breach of the $158 level.