Solana (Sol) started showing signs Go out. On the weekly graph, it wanders MACD, and has recently crossed over the signal line, a bullish signal that often precedes the main price movements. With the construction of momentum slowly, traders are now closely watching to see if this transformation represents the beginning of a larger march.
The momentum is pushed to penetrate Solana potential
In X recently mailWilljayducks drew attention to a significant declining difference revealing the Solana Weekly chart. He pointed out that with the high price at the top of the explosion, RSI and MACD indicators showed weak momentum. This difference between price movement and momentum indicators is a classic technical pattern that usually precedes sharp corrections.
After this preparation, Solana witnessed a sharp decrease, eliminating 67 % of its value in just 84 days. According to Willjayducks, this dramatic decrease indicates that the declining difference “can be said that it” can be said “, which means that the correction stage may approach its end.
He also explained that MACD is now a curl up and has recently crossed over the signal line. This intersection indicates that the last downward pressure may be light, which paves the way for a possible recovery. According to its analysis, if the Sol is able to collect enough strength and maintain its current upward momentum, the MacD line can finally cross over the zero line, a more specific bullish sign that usually confirms a shift in the direction.
If this scenario appears, the analyst believes that Solana may be ready to push towards new levels, and prepare attention between merchants and investors. However, also note a warning word: If this occurs or when this upscale penetration occurs, the graphs will be closely monitored for any emerging signs of the declining difference, which can be hinted again in a feverish market.
The Habboudi result is still on the table
At its peak, the analyst stated that there is still an opportunity for things that fade here and continue in the direction of the bear. Despite the recent upward signals and technical improvements, it warned that the current momentum may not be strong enough to maintain a complete reflection.
Although the price movement may stop, which leads to the return of the market to a long period of negative movement, WilljayDucks stressed that all we can do now is to see the price of the price closely and plan all the scenarios. Whether the market is pushing up or fading to weakness, it is advised to stay on alert and adaptable.
