SOL Analysis: Uptrend Continuation and Key Targets

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Current Uptrend with Higher Lows and Highs:

  • SOL is maintaining an uptrend characterized by consistent higher lows and higher highs, suggesting continued bullish momentum.

Key Retracement Zone:

  • Recently, SOL retraced back to the 0.786 Fibonacci level at $159, where support held, setting up for a potential continuation.

Future Targets:

  • The next target for SOL is $189, which aligns with the 1.618 Fibonacci level and serves as a significant point of resistance.
  • The macro target stands at $225, located at the 2.618 Fibonacci level, marking a strong resistance in the broader uptrend.For more updates on this story and other crypto insights, follow us on social media:

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