Solana has bounced sharply from the $77 support and is now eyeing a reclaim of its short-term moving averages. Entry: $89.50 (Wait for a break of the 200-day EMA) TP1: $90.00 (Local resistance) TP2: $105.00 (Fibonacci extension level) SL: $78.00 Analysis: $SOL is exhibiting high volatility. The price is currently compressed between $79 and $84. A breakout above $84 targets the liquidity gap created during the early February dip. #GateSquare$50KRedPacketGiveaway $SOL
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Solana ($SOL) – Momentum Scalp
Solana has bounced sharply from the $77 support and is now eyeing a reclaim of its short-term moving averages.
Entry: $89.50 (Wait for a break of the 200-day EMA)
TP1: $90.00 (Local resistance)
TP2: $105.00 (Fibonacci extension level)
SL: $78.00
Analysis: $SOL is exhibiting high volatility. The price is currently compressed between $79 and $84. A breakout above $84 targets the liquidity gap created during the early February dip.
#GateSquare$50KRedPacketGiveaway
$SOL