Today, we got reports that the SEC requested SOL ETF issuers to update their filings which ignited the rally past $165. This boosts investor confidence- we should see good bullish volume in the near term, targeting $185.
US-China talks have also came back positive, awaiting both presidents' approval.
The first hurdle, still, is the 200SMA. Ideally, we want to see a bullish close above $168. This should be easily taken this week, if not today. From there, we aim for the near term high of $185 before zooming out to aim for $250.
US-China talks have also came back positive, awaiting both presidents' approval.
The first hurdle, still, is the 200SMA. Ideally, we want to see a bullish close above $168. This should be easily taken this week, if not today. From there, we aim for the near term high of $185 before zooming out to aim for $250.
註釋
We are on track to take $170 today! If it does happen, we will have SIX consecutive green daily candles so far. A pattern we have not seen since the very bottom of the bear market @ $8 in early 2023. What followed after that was a massive 50%+ increase in just 10 days.
It probably won't happen here, but a man can dream... :+)
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