🚀 SOLANA: The Bounce or a Bull Trap? 📈
The chart is talking, but are we listening? 🔍
Looking at the latest 4-hour interval for $SOL , we've seen a nice recovery to $86.11, up +5.67%! After hitting that local low of $68.69 on February 5th, the bulls are clearly trying to fight back.
Recovery
Up from recent lows, currently trading at $86.11.
Momentum
The MACD is showing a slight green crossover—could this be the start of a trend reversal?
Resistance
We are still sitting well below the MA(200) at 125.15, so there’s plenty of room to grow if we can break the immediate resistance.
What’s your move? Is this the perfect "Buy the Dip" entry, or are you waiting for more confirmation? I'm seeing a lot of strength in the SOL RWA (Real World Asset) market lately, which just surged past $1.1B!
👇 Drop your price prediction for $SOL by the end of the week! Let's see who gets it right. 🤑
#Solana #CryptoTrading #Write2Earn #Bullish #PricePrediction $SOL $BNB $BTC #WriteToEarnUpgrade #FireAli_Crypto