Solana is showing strong momentum for the next leg up. The 50-day moving average has flipped into support territory, which historically signals a shift in market dynamics. With this technical setup in place, many traders are eyeing a breakout above $150. The combination of fresh buying pressure and solid support levels suggests we could be looking at meaningful price expansion in the near term. Whether this plays out depends on market conditions, but the chart setup certainly looks compelling right now.
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GweiWatcher
· 5h ago
Sol this time is really different, once the 50-day moving average reverses and provides support, it has to go up.
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nft_widow
· 5h ago
The 50-day moving average support argument has been heard too many times. Every time, they say it will rise immediately, but what’s the result?
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ClassicDumpster
· 5h ago
150 bucks? Well... that's a nice way to put it. I'll just see if I can hold this position.
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GasFeeCryer
· 5h ago
Can 150 dollars really break through? I feel like I'm about to be scammed again.
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WalletDetective
· 5h ago
The 50-day moving average support has flipped; I've seen this trick quite a few times. It sounds good, but let's see if it can break 150.
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PessimisticOracle
· 5h ago
This move in SOL is quite interesting. The 50 MA flipping to support sounds good no matter how you say it, but can it really break 150? I... have some doubts.
Solana is showing strong momentum for the next leg up. The 50-day moving average has flipped into support territory, which historically signals a shift in market dynamics. With this technical setup in place, many traders are eyeing a breakout above $150. The combination of fresh buying pressure and solid support levels suggests we could be looking at meaningful price expansion in the near term. Whether this plays out depends on market conditions, but the chart setup certainly looks compelling right now.