Solana meets first resistance, ready to hit $500!

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Solana meets first resistance, ready to hit $500!SOLUSDT SPOTBYBIT:SOLUSDTMasterAnandaThe first resistance stands at $122 and this is the level that is being challenged this week. The first, Fibonacci extension based, resistance on SOLUSDT starts with 100% profits potential, from a low of $60 in June 2026 to the current high. This week SOLUSDT hit the highest price since January 2026 and the entire bear-market bottom range has been recovered. Solana is trading above the April 2025 low which has a price of $95. Above $95, SOLUSDT can be considered hyper-bullish based on all timeframes and future scenarios. Any trading above $100, a rounded number, and the bulls are in full control of the chart. There can be retraces and sudden moves counter-trend, this is unavoidable and can happen at anytime without prior notice. The entire market can be rising for weeks or months and then suddenly, a correction appears. Then it becomes tricky. A pause, once a resistance level is reached, can result in only several days of consolidation later the market produces additional growth. So it is easy to buy at support and just hold, let the market take care of the rest. If the action is already happening, buying FOMO, a retrace or correction can show up the next day. It is better to look for the projects that are yet to move; don't chase a rising wave. When resistance is reached, as $122 on SOLUSDT, there can be a retrace. Another tricky situation. A retrace can lasts 3-6 days just as it can last 14-21 days. It varies wildly. Then comes the correction. The market can rise three months non-stop and everything looks great. Then the market turns red to start a retrace. Another situation that demands experience. The retrace can extend, market situations worsen and prices down go. Instead of a pause or short retrace, a multiple months correction shows up. Once the correction starts to unravel it is already too late to sell. Taking profits should be anticipated. The sell orders should be set beforehand, before your expected target is hit. Since the market is unpredictable and nobody knows for how long this bullish period can go for, make sure to secure profits when prices are up. Whenever one of your pairs grow 100%, 200%, 300%, etc., make sure to secure some gains. The only way to win is to sell higher than you bought. Selling produces a win, and a win will let you play again. Secure profits on the way up and plan for the long-term. Aim high, but also prepare for all scenarios. Solana is set to move beyond $500 and likely much higher in the coming years. An easy target on this move is $200 and $290. Higher can be seen on the chart. More on Solana & Crypto Think truly of the long-term, Solana will have a price of $1,000 or even $2,000 in just a few short years. How can you make the most out of this information? What can be done now to benefit from the fact that you already know, the Cryptocurrency market is going up for the long run? What type of actions can you take now, to secure big gains, big wins and profits during this bullish market phase? The best is yet to come. There are many ways to approach the market and there isn't even a need to trade. At this point in time, all that is needed is to buy and hold—just buy the pairs that you find fit your requirements, criteria and preferences. Read daily what I share, as you read, the projects, strategy and choices that are right for you will come to the front, you will know with a 100% level of certainty when you've found the right one. Take your time, the market is here to stay. There is no need to rush, opportunities are endless in this game. We went through a period that was rough, now we get to enjoy years of expansion and growth. Thanks a lot for your continued support. Namaste.