Solana is making another attempt of breaking through the $157 resistance and go upwards. Taking into account the overall narrative, I believe it can do it this time!
Overall, there is a massive ascending channel and a magnit level is $210 — first real target for the price.
Buying in the $150 - $160 zone seems like a good deal. If this ascending channel is broken upwards, we can expect $SOL to come back to ATH.$SOL Solana
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🔵Bullish Scenario : Buying Opportunities 🤩
🎒 Wait for a confirmed breakout above the downward sloping green trendline with high volume. This would reduce chances of loss.
🔵Dollar-Cost Averaging (DCA): Instead of a single large purchase, consider accumulating UNI by buying smaller amounts at different price points, especially if it dips to strong support💥
🔵Set Stop-Loss Orders: Crucially, if you decide to buy, always place a STOP- lOSS order below key support levels (e.g., below $5.50 or below the low of the potential bottoming pattern) to limit potential losses💥