Solana Turns Bullish as SuperTrend Signals Rally Toward $121
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- Solana’s first SuperTrend buy signal since October points to a potential rally if key support levels remain intact.
- Analysts see $96 and $121 as upside targets, while a break below $60 would invalidate the bullish setup.
- Technical indicators remain mixed as Solana holds near support and attempts to reclaim the $80 resistance zone.
Solana has generated its first SuperTrend buy signal since October, according to cryptocurrency analyst Ali Charts, after the token’s ATR trailing stop moved below its price, a technical indicator some traders view as a sign that momentum may be improving.
“SOLANA TURNED BULLISH,” Ali Charts wrote in a post on X. He said continued buying could lift Solana toward $96 and potentially $121, while noting that the $60 level remains key support. A move below that price would invalidate the bullish outlook, according to the analyst.
Read The Full Article Solana Turns Bullish as SuperTrend Signals Rally Toward $121 On Coin Edition.
5h ago•
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