Hello everyone 👋,
Today we are analyzing Solana (SOL/USD) on the daily timeframe. The pair has been moving strongly within a well-defined bullish channel, consistently creating higher highs and higher lows, reflecting a clear upward trend structure.
🔑 Key Observations:
Price is respecting the bullish channel and currently testing the mid-level after a recent correction.
Several Break of Structure (BOS) and Change of Character (CHoCH) points confirm that buyers remain in control on higher timeframes.
The zone around 180 – 190 acts as a major support level, aligning with both the channel’s lower boundary and historical demand.
If price holds above this level, Solana could continue its bullish trajectory with potential upside targets toward 240 – 260, and possibly even higher within the channel.
However, a breakdown below the support would invalidate the bullish scenario and open the door for deeper retracement.
Monitoring price action around the support region for bullish rejections.
A strong bounce could provide a long opportunity with targets near the upper channel resistance.
If support fails, standing aside until a new structure forms would be the safer approach.
Today we are analyzing Solana (SOL/USD) on the daily timeframe. The pair has been moving strongly within a well-defined bullish channel, consistently creating higher highs and higher lows, reflecting a clear upward trend structure.
🔑 Key Observations:
Price is respecting the bullish channel and currently testing the mid-level after a recent correction.
Several Break of Structure (BOS) and Change of Character (CHoCH) points confirm that buyers remain in control on higher timeframes.
The zone around 180 – 190 acts as a major support level, aligning with both the channel’s lower boundary and historical demand.
If price holds above this level, Solana could continue its bullish trajectory with potential upside targets toward 240 – 260, and possibly even higher within the channel.
However, a breakdown below the support would invalidate the bullish scenario and open the door for deeper retracement.
Monitoring price action around the support region for bullish rejections.
A strong bounce could provide a long opportunity with targets near the upper channel resistance.
If support fails, standing aside until a new structure forms would be the safer approach.
액티브 트레이드
관련 발행물
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.
관련 발행물
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.