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Solana: 48 Hours Until Trump's Presidency Ends — Where Should You Target Selling: $250, $300...
Solana has had an explosion, and there are only 48 hours left before Trump returns to the White House and after Trump officially launches his own meme coin, $TRUMP, on the Solana blockchain, the crypto market is buzzing with speculation. The strong growth of SOL surpassing $240 (+10.63% today) has made everyone ask the same question: What price should we aim for?
Numbers You Need to Know:
💰 Current Price: $238.93 📈 Highest 24h: $240.44 📉 Lowest 24h: $214.61 🔥 7-Day Performance: +35.2% 📊 Annual Profit: +420% 📉 24h Volume (SOL): 10.28M 📉 24h Volume (USDT): 2.32B
Price Target: Where Can SOL Go?
With Solana breaking through key resistance levels and showing strong momentum, the market is watching the following levels:
🔹 $250: Next short-term barrier. 🔹 $280: An important psychological level, especially for traders looking to make a profit before encountering resistance. 🔹 $300+: A breakout that many are expecting, driven by the optimism surrounding Trump’s pro-crypto stance.
Trading Strategy:
🔸 Short-Term Traders: • Monitor $250-$260. Breaking out of this range could lead to explosive movements. • The momentum suggests that taking profit near $280-$300 could be wise.
🔸 Long-term Investors: • Take profit at $280, while leaving room for potential profit towards $320-$350. • Expect some accumulation near $200-$220, which could provide a re-entry point during the downturn.
Chart Story:
📈 RSI (14): 72 – SOL is heating up, approaching overbought zone. 📉 MACD: Currently showing strong price increase divergence on the daily chart, signaling potential continuation of growth. 📊 MA(25): The 25-day moving average of SOL at $222.44 indicates strong support.
With SOL outperforming most major altcoins today, the trading volume has surged, indicating significant interest from traders. Don’t underestimate what the next 48 hours may bring. DYOR! #Write2Earn #TRUMPCoinMarketCap $SOL {spot}(SOLUSDT)