SOL

SOL rose with the broader market yesterday, gaining approximately 11.5% in a single day. This rally paused at the target price of a small triangle pattern (green line). If the price retraces to test support, it could aim for the target of a larger triangle pattern (blue line).

A potential retracement is expected around $150–$153, coinciding with prior support, a high-volume trading zone, and the Fibonacci 0.382–0.5 levels. This confluence of technical factors strengthens the support’s reliability.

Investors may consider establishing long positions in this zone, with a profit target at the large triangle’s goal of around $174, which also aligns with the Fibonacci 1.414 level. 

Reference Levels: 

• Direction: Long 

• Entry: $150–$155 

• Take Profit: $165 / $174 / $180 

• Stop Loss: $149

SAND

SAND broke out of a large descending channel (purple parallel channel) and retested support, finding it around $0.27. It surged nearly 15% yesterday with the broader market. Resistance was encountered near $0.324, which aligns with a prior pressure zone.

If the price retests support again, it may occur around $0.3, a level that coincides with a high-volume trading zone and the Fibonacci 0.618. Investors can consider long positions here, with a stop loss as far as the previous low of $0.26. Profit targets can be set at the lower edge of the prior order block (yellow box). 

Reference Levels: 

• Direction: Long 

• Entry: $0.29–$0.3 

• Take Profit: $0.325 / $0.349 / $0.385 

• Stop Loss: $0.285 / $0.259

LINK

After nearly two weeks of consolidation, LINK rose over 15% yesterday with the broader market. The price transitioned from a simple channel breakout to forming a head-and-shoulders bottom. It decisively broke through the neckline (yellow line) yesterday, though it faced brief resistance near the neckline, which is not significant.

A retest of the neckline in the near term would present a good entry opportunity. Investors can establish long positions around $14.5–$14.8, which aligns with the Fibonacci 0.5–0.618 levels.

Profit can be taken in stages at multiple resistance zones, with a stop loss below $14, a high-volume trading zone. 

Reference Levels:

• Direction: Long 

• Entry: $14.5–$15 

• Take Profit: $17.1 / $17.7 / $20 

• Stop Loss: $13.9

Disclaimer: None of the information contained here constitutes an offer (or solicitation of an offer) to buy or sell any currency, product or financial instrument, to make any investment, or to participate in any particular trading strategy.