Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
SOL's recent rally is quite strong. After breaking above $142, it surged straight up, reaching as high as $148. The short-term support now sits around $140, with the price staying above the 100-hour moving average, indicating that the bulls are still quite energetic.
Breaking through $150 doesn't seem to be a problem, but the key is whether it can continue to push higher. If it successfully breaks through, the next target could be $155 or even $162, which would be quite impressive. Conversely, if it encounters resistance near $148 and pulls back, then $144 and $140 will become the main support levels. If it falls below $140, a retest of $135 wouldn't be surprising.
From a technical perspective, the MACD is in an accelerating bullish state, and the RSI remains firmly above the 50 level. Both indicators are supporting the bullish case, and market sentiment remains quite optimistic.