$SOL Poised for Upward Momentum
Based on the 3-day chart, $SOL is exhibiting strong bullish signals and appears primed for a significant upward trajectory. The technical indicators suggest a potential trend line retest, making it an attractive opportunity for spot buying at current levels.
My Strategy
- Entering a spot position here to capitalize on the anticipated rally.
- Planning to implement Dollar-Cost Averaging (DCA) at the $90 support level for risk mitigation.
Price Targets 🎯
- Short-term: $110
- Medium-term: $118, $125
- Long-term: $140, $155
No stop-loss is set at this time, as I am focusing on a hold strategy aligned with the broader market recovery in the crypto space.
Recommendations:
- Consider buying in increments to average your entry price effectively.
- Always prioritize risk management by allocating only what you can afford to hold long-term.
- Avoid panic selling during volatility—patience often yields rewarding outcomes in such setups.
What are your thoughts on $SOL potential? Share below! 🚀