SOL/USDT Technical Analysis
Date: 28 April 2025
Current Price: $152.50
Price Action:
SOL is showing consolidation after a strong push earlier in the day, facing minor resistance near $153.
Trend:
The short-term trend is still bullish on the 4H timeframe, despite some cooling off.
Support Levels:
Immediate support: $147.63
Strong support: $145.75
Resistance Levels:
Immediate resistance: $153.00
Major resistance: $156.00
Indicators:
RSI (4H): 57 — Neutral zone, slightly bullish tilt.
MACD (4H): Positive crossover present, but histogram shows weakening momentum.
EMA 50 (4H): Price comfortably above EMA50, structure remains bullish.
Summary:
SOL is currently trading at $152.50
A breakout above $153.00 could push prices towards the $156.00 major resistance.
If it fails to hold $147.00, there could be a drop towards $145.50 support.
Overall, bulls are still holding control above $148.00.
Bias: Short-term Bullish
Key Level: Watch $147.00 support and $156.00 resistance.