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📈 $SOL Technical Analysis: Bullish Continuation & Price Discovery
Solana continues its impressive intraday performance, trading at 74.18 EUR (+2.90%) on the 4-hour chart. The price has successfully broken out of its local consolidation range and is now trending near its recent peak of 74.32 EUR.
Key Levels:
• Immediate Resistance: 74.32 EUR (Daily High) and 77.00 EUR (Extension target)
• Immediate Support: 73.01 EUR (MA7) and 72.55 EUR (MA14)
Technical Commentary:
The structural setup for SOL is very healthy, with the price maintaining a clear gap above the MA28 (72.09). The MACD DIF (0.46) is trending well above the DEA (0.24), confirming sustained trend strength. Watch for a definitive breakout above 74.32 EUR to signal the next leg toward the 80.00 EUR psychological zone.
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