💥 Analysis of SOL/USDT – Is Solana preparing for a rebound?
After the failure of the coin
$SOL to hold above the $205 level, prices retreated to the $193 area, which is a support zone closely monitored by traders to determine the upcoming trend.
🔍 Technical outlook (4-hour frame):
📉 The EMA(7) crossing below EMA(25) indicates a temporary weakness in upward momentum.
🧭 The price is close to EMA(99), which may make the $190–$192 area a strong rebound opportunity.
📊 The RSI (14) is at 42, indicating that the coin is approaching the oversold area.
💡 The MACD is negative but has started to slow down, indicating weakness in selling momentum.
🎯 Entry areas and targets:
Buying area: between $190 and $193
Target 1: $201
Target 2: $210
Target 3: $222
Stop loss: below $186
⚡ General expectation:
The coin
$SOL is undergoing a short correction phase after a strong rise from $168 to $205, but the $190 area is considered very important support, and it may see a strong rebound soon if demand from buyers increases.
💬 In your opinion, will Solana rebound from here or is the decline still ongoing?
Share your prediction in the comments 👇
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