“SOL hits new highs! Key resistance zone about to break, short-term market outlook bullish!”

🟢 Current Price: 141.04 USDT

📈 Price Change: +1.18% (strong short-term trend)

📊 RSI: 64.68 (strong zone)

🔄 Trading Volume: increasing, clear signs of buying interest

Trend Analysis

SOL has strongly rebounded from a low of 98 USDT, breaking through multiple key resistances, entering a short-term bullish trend, with candlestick performance showing a “step-up” pattern, technically confirming an upward channel.

Support and Resistance

🔺 Short-term Resistance:

145.00: daily line platform congestion area

150.00: psychological round number

169~170: March head platform resistance

🔻 Short-term Support:

137.64: previous high support

130.00: ascending trend line support

118.00: previous consolidation platform bottom

The current price is challenging the 145 zone; a breakout may initiate a new round of upward movement.

RSI Indicator

RSI is at 64.68, close to the overbought zone, with still upward momentum, but attention is needed for the potential short-term adjustment risk if it exceeds 70.

Volume-Price Relationship

During the rebound, trading volume gradually increased, and effective volume accompanied the breakout at 137.64, showing sustained bullishness in the market.

Operational Suggestions

✅ Trend Following: Buy in batches on a pullback to 137.6 support, with a stop loss below 130.

📌 Breakout Trading: If it breaks 145, target 150~160, be alert for high-level divergence signals, and pay attention to adjustment risks.

Conclusion

SOL has confirmed a rebound structure and is bullish in the short term. After breaking 145, the market will accelerate upward. Pay attention to trading volume and RSI momentum, maintain trend-following operations, and avoid blindly chasing high prices.