SOL - Next Stop => $200

Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.

📈 SOL has been overall bullish trading within the long-term rising broadening wedge in blue.

How high can SOL climb?

The marked blue circle represents a significant resistance and overbought zone as it marks the intersection of the upper blue trendline and $200 round number.

Thus it would be a robust area to anticipate a potential reversal.

🏹 Meanwhile, as long as the $150 support holds, a continuation towards the $200 mark would be expected.

📚 Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Richard Nasr