🔵 $SOL Technical Outlook 🧠 Momentum Building… or Fading?

RSI is currently testing the 50 level — a breakout above could confirm bullish momentum kicking in
On the weekly chart, price is trapped between the 50 & 100 MA
Fibonacci levels from the $295 → $92 leg show price is sitting just below the 0.618 zone at $172



Bulls VS Bears ⚔️

Bull side ↗️
Break RSI 50
Reclaim $175
Close above the 50 MA
👉 That would clear the path toward:
$200 → $260 → $290
Followed by ATH breakout levels at: $350 → $410 → $480 → $600 🔄

Bears fight! 📉
But if they fail to break $175 or lose the RSI 50 level, it signals either:
A broader market-wide pullback, or
Weakness in SOL specifically
📉 In that case, a retest of $140–$135 support is likely. 🛡🔽


⚠️ Risk Management Plan for $SOL
If you’re buying and holding, a tight SL should be placed around $140
The safer support level is $125, the last significant low
Our current average from previous trades is $145, with entries between $135–$155
Before entering or adding, review your risk profile and avoid emotional exposure.

https://www.tradingview.com/x/Ft60x2kI/

we ask Allah reconcile and repay