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Going Long on SOL at $210.00 🚀
Eyeing SOL right now. Looks juicy at $210.00. Thinking about a $225.00 target. Stop loss around $200.00.
The 4-hour chart's interesting. SOL formed what seems like a Cup & Handle pattern. Just broke above $213-$215. Pretty bullish sign. Might push higher soon. 🔥
Technical stuff looks good:
Some whales dumping lately. Kind of surprising the price holds up so well. Must be buyers somewhere.
These Cup & Handle patterns... they tend to move. A lot. Risk-reward seems decent. Looking at 7.1% upside to target. Downside? About 4.8%. Not bad.
Might consolidate short-term. RSI's heating up. But overall? I like longs here. MACD and RSI both point up. To the moon? 🌕