Does $SOL have the potential to adjust to $143?

- EMA Price (145.22) is below EMA24 & EMA54 ⇒ short–medium term downtrend still dominates.

- BOLL Price is close to the lower band ⇒ in the oversold technical zone, likely to recover towards the average.

- VOL Buying/selling volume surged as prices dropped sharply ⇒ signs of capitulation (sell-off) but also a premise for a technical 'short-squeeze' recovery.

- MACD Downward momentum still prevails, but the histogram is gradually contracting indicating weakening downward momentum.

- Short-term RSI has been 'oversold' ⇒ the likelihood of a technical bounce is quite high. Medium-term still in the 30–50 zone, leaning towards downward.

👉 Short-term (1H – 4H): Currently in a corrective downward wave, but has reached the oversold zone (RSI < 20 on 1H, touching the lower Bollinger band) → it is highly likely that there will be a technical response to retest the fib 23.6–38.2%.

👉 Medium-term (4H – 1D): EMA24/54 has been broken down, MACD remains negative → downward trend still dominates, but momentum is gradually weakening.

👉 Buy Trading Strategy:

- Entry zone: 144.63 – 144.60 USDT

- SL: break the bottom at 141.50

- TP1: 145.66 USDT (fib 23.6%)

TP2: 146.38 USDT (fib 38.2%)

TP3: 147 – 147.60 USDT (fib 50–61.8%)

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