The target price for SOLUSD is 25.50
On the four-hour chart, SOLUSD has experienced a major decline, but has recently tested the support level at 21.5 twice and confirmed its effectiveness. This has resulted in a strong rebound, indicating a demand for an upward trend and clear bullish signals.
In the short term, the 21.5-22 range presents good buying opportunities, with a final profit target of 25.5. This is a long-term position, and those with large capital may consider following suit to capture maximum profits. For those with smaller capital , it is recommended to take advantage of short-term profits, and the chart provides suggested short-term exit points.
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BINANCE:SOLUSD
Solusdbuy
Potential SOLUSD trend continuation setup (currently retracing) Price has broken through a major resistance area and is now offering us a retracement. We can trade once we get a return to trend move. We like to use the RSI cross MA plus the WAE indicator signal as this combination seems to work nicely.
SOLUSD Long scenario BOSSolana just broke a downtrend by creating a higher higher and stopping lower high sequence, now we are waiting for a retracement to a demand zone where we should entry a long position/
Entry: 48.26 (Demand zone)
Invalidation: 34.3975 (Below last lower low)
Target: 101.72 (POC)