SOL/USDT on the 4-hour chart:
Here’s a quick analysis:
Price: $148.33 (down -3.66%)
Moving Averages:
MA(7) = 150.67
MA(25) = 150.24
MA(99) = 135.54
Trend: The price has dropped below both the short-term (7 MA) and medium-term (25 MA) moving averages. That's usually a bearish sign.
Volume: Declining volume while the price falls — meaning the selling pressure is still there, but not extremely heavy yet.
Support: Closest strong support appears around $143-144 (previous low at $143.46).
Resistance: Immediate resistance now at around $150-151 (where MA(7) and MA(25) are converging).
Prediction:
Short-term (next few hours to 1 day): Likely to test lower support around $145-144 unless strong buyers step in soon.
Mid-term: If $143 holds, it could bounce back to $150-$152. If it breaks below $143, next support is near $138-139.
Overall Bias: Slightly bearish until it reclaims above $150-$152 with strong volume.
Would you like me to also show a quick buy/sell suggestion based on risk levels?
(Example: Safe entry zone, stop-loss, target)