Solana (SOLUSD) Price Suggests a good buy at $250.00Price Level

Solana (SOLUSD) Price Forecast: September 15

Solana’s price is positive today. The crypto suggests a good buy at the $250.00 daily price level, which is above the supply. The crypto is gaining traction against the overhead resistance. If the buy traders could sustain the coin price above the current supply pattern trend line, the price may trigger up to the upper resistance mark at $260.00, indicating a clear buy signal.

Key Levels:
Resistance Levels: $250.00, $251.00, $252.00
Support Levels:    $126.00, $125.00, $124.00

SOL (USD) Long-term Trend: Bullish (Daily Chart)

On a longer time horizon, the SOLUSD pair indicates a good purchase at the current price level above the EMA-50.
Massive buying volumes from the bulls have kept the coin price trading well above the moving averages.

Nonetheless, the coin price has remained above resistance trend levels in its most recent high. This is due to the bulls’ effort to reach the high value of $244.31 in the preceding action.

The bulls’ dominance is confirmed by today’s daily bullish candle. It also climbs to a $250.00 supply mark above the moving averages. This shows that the market is a favorable place for coin traders to buy.

The coin’s recent price surge may cause it to break through its anticipated target at the overhead supply, boosting investor trust in Solana and raising hopes for further gains.

Furthermore, the SOLUSD price suggests a good buy in the near future by pointing upward on the daily signal.

As a result, the pair will continue to rise to the upside and may soon reach the $260.00 upper resistance trend mark in its long-term outlook.

SOL (USD) Medium-term Trend: Bullish (4H Chart)

SOLUSD is currently trading in a bullish market trend, suggesting a good buy at the current price level in its medium- term outlook.
At the moment, price is above the moving average, suggesting a smooth bull cycle pattern.

Earlier today, the bullish trend caused the price of Solana to rise to $248.56 above the moving averages as the 4-hourly chart opens.

This current trend suggests a good buy and will allow the price to remain in positive territory and break out to the upside.

Hence, the price of SOLUSD pointing upwards on the daily stochastic suggests an upward momentum. It is therefore expected that buy investors will drive the price action and may hit the $260.00 upper resistance level soon in the days ahead.

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