$SOL

🚨 Solana Stays Above $150 – April 28, 2025 🚨

On April 28, 2025, Solana trading day kicked off with a sharp decline, demonstrating a strong bearish sentiment. As illustrated in Chart 1, during the early trading session, Solana began with a brief fall. But at 00:20 UTC, Solana found support at $147.38 and began to experience a short-term rise. Conversely, at 00:40 UTC, Solana resisted at $147.95, began to fall, broke the support at $147.38, breached a breakout, and dropped to $144.77. At 01:35 UTC, Solana encountered an RSI Oversold zone, indicating a potential trend reversal. As expected, Solana found support at $144.77 and began to experience an uptrend. A Golden Cross on MACD at 02:10 UTC asserted this uptrend.

Substantially, at 06:40 UTC, Solana broke the resistance at $150, breached a breakout, and reached $153.08. Later, at 10:35 UTC, Solana encountered an RSI Overbought condition, indicating a possible downtrend. Likely, at 10:40 UTC, a pin bar, followed by a full-body red candle, signaled a downtrend. As expected, Solana resisted at 153.08, experiencing a downtrend.

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