Solana: Trader Eyes 128-140 Range Break
Solana at $110.84 targets 128-140 zone as @Pentosh1 flags end to month-long accumulation amid bullish 4h structure.
SourceAnalysis
Solana trades at $110.84 with clear skies for a push into the 128-140 zone according to trader @Pentosh1, potentially concluding the month-long accumulation phase.
Price action shows a bullish trend with EMA50 at $101.48 and EMA200 at $95.24 acting as long-term supports. With price testing upper Bollinger resistance at $107.89 while RSI(14) hits 80.65 overbought and MACD confirms bullish golden cross at 1.63, a healthy retracement to the 50-EMA support at $101.48 seems probable before continuation toward the next range. This setup feeds directly into current SOL price prediction models tracking the breakout from accumulation.
Pentoshi
@Pentosh1Builder at Beam and Sophon, advancing decentralized technology solutions.