Solana: Trader Sets $140 Target After 24% Run
Solana at $117.63 eyes $140 target after 24% gains from $96; 4h chart shows RSI 72.5 overbought and MACD golden cross supporting continuation.
SourceAnalysis
Solana is advancing toward the $140 target flagged by @TATrader_Alan after climbing 24% from the $96 entries posted on September 11 and 16, with the daily pattern confirming the breakout.
Price sits at $117.63 inside the Bollinger band, pressing the upper resistance at $119.45 while RSI(14) at 72.5 flashes overbought and MACD registers a bullish golden cross at 3.3; this confluence points to a measured pullback toward the EMA50 support at $108.13 before the next leg higher to $140, keeping the broader bullish structure intact above the EMA200 at $98.43.
Trader Tardigrade
@TATrader_AlanTechnical chartist and crypto content creator focused on Bitcoin and altcoin pattern analysis.