🚨 Solana at a crossroads! 🚨
✅ Current price: $147.9
✅ Monthly Bounce: from $95.26
✅ Market capitalization: $76.41 billion
✅ Acquisition: 2.63%
📈 Monthly timeframe:
The monthly candle closed with a bullish reversal pattern from support at $95 after 3 months of correction.
Positive close supports the continuity of the bullish trend as long as the price remains above $130.
SOL acquisition stabilized relatively after a decline from the peak, reflecting an attempt to regain its position among the big players.
⏳ Daily + Weekly timeframe:
The price is moving within a short-term ascending channel, with repeated testing of the resistance area at $150.
RSI and Stoch RSI indicators show moderate overbought conditions with positive momentum.
MACD has begun to turn positive, reflecting the beginning of renewed buying momentum.
🌐 Liquidity analysis:
Monthly liquidity maps show the presence of liquidation clusters at:
Top: between $152 - $160 = Resistance areas resulting from accumulated sell orders.
Bottom: between $135 - $140 = Clear liquidity support likely to withstand any correction.
📌 The daily map confirms that the level $145 is a pressure/accumulation center, making it an important defensive line.
📊 Technical forecast:
Scenario explanation🔼 Upward breakout at $150 = Targeting $160 then $178 (previous strong resistance)🔽 Downward break at $144 = Correction towards $138 - $133, then testing support at $120.
⚡ Risk management is the key to success! 🚀
📢 Note: The analysis is not considered financial advice, make your decisions wisely. 🚨
