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SOL

Solana Eyes $218–$230 Breakout as Technicals Turn Bullish

I see SOL testing the upper Bollinger Band near $205.95 while MACD momentum turns bullish, which sets up a higher-probability run toward the $218–$230 zone.

Price action looks poised for an August breakout if volume confirms and price clears short-term resistance; failure to hold the band would invalidate the immediate bullish bias.

I’m watching for a confirmed breakout or a disciplined partial entry with tight risk controls rather than chasing a run without volume confirmation.

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Analysis

Technically, SOL is at the upper Bollinger Band (~$205.95) and showing bullish MACD momentum; the next logical resistance cluster sits between $218 and $230. A breakout with rising volume would valida...

Recommendation

I recommend a buy bias: consider entering on a confirmed breakout above short-term resistance or a staged/partial buy now with a stop below recent support (~$195). Prioritize volume confirmation and k...

Disclaimer

The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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