Solana ($SOL ) is flashing a major trend reversal on the 4H chart! ⚡ After a period of choppy consolidation, SOL has surged +3.55% to hit $88.08, decisively reclaiming the EMA(99) (purple line). This "triple EMA flip" is a massive bullish signal, suggesting the bulls have officially hijacked the momentum.
The MACD has confirmed a strong bullish crossover with the histogram bars turning bright green, indicating that buying pressure is accelerating. With 24h volume for the USDT pair sitting at a healthy $324M, we are seeing genuine interest back in the SOL ecosystem. If we can sustain this move above $88, the previous peak at $94 is the next logical magnet. 🚀💪
📈 The Trade Strategy
* Entry: $87.50 – $88.10 (Current market price)
* Target 1: $90.92 (Intermediate resistance)
* Target 2: $94.05 (Previous swing high)
* Stop Loss: $84.20 (Below the recent swing low)
Analysis: SOL is forming a higher low pattern. A break above $91 will likely trigger a fast run to the mid-90s.
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Trade here👇
SOL
86.2
+0.38%