Trading Signal : SOLANA ($SOL) - 1D - PULLBACK IN UPTRENDTechnical Analysis:
The price broke out of a Channel Down pattern and reclaimed the $200 key level, confirming bullish momentum. A pullback to the $200 - $220 support zone could offer a strong re-entry point within the uptrend. If support holds, the price could resume its advance toward the next resistance at $260 (TP1), with potential upside to $300 (TP2), representing a +30% gain.
Momentum indicators remain neutral, with the RSI-14 in a balanced range (between 30 and 70), suggesting that the asset is neither overbought nor oversold, leaving room for further upside.
Entry Zone:
Enter within the $200 - $220 support zone, following the breakout.
Targets (Take Profit):
TP1: $260 (+20%).
TP2: $300 (+30%).
Stop Loss:
Below $190 to minimize downside risk.
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