Do not enter a direct purchase now due to strong buying saturation in Stoch RSI $SOL $PAXG $TRUMP
Technical indicators analysis for SOL/USDT based on the image:
1. Current price:
Price: 151.09 USDT
Increased by +4.48% in the last 24 hours.
Highest price in the last 24 hours: 153.99
Lowest price in the last 24 hours: 144.29
2. 4-hour candlesticks:
There is a red candle after a strong rise, indicating the possibility of a correction or profit-taking after touching 153.99.
3. MACD:
The blue line (DIF) is above the orange line (DEA): Positive signal.
Green bars are increasing: Ongoing upward momentum.
4. Stoch RSI:
The value is at: 96.96 and 98.99, which is in a strong buying saturation area.
This may indicate an upcoming price correction, especially if the lines start to bend downwards.
5. General trend:
The price broke through a previous resistance (150) and touched 153.99, then pulled back slightly.
It may retest the 150 level as support before continuing to rise.
Current recommendation:
Do not enter a direct purchase now due to strong buying saturation in Stoch RSI.
Best:
Wait for a correction towards 148–150 and the appearance of rebound candles to enter a purchase.
If you own the coin, you can hold while monitoring the 150 level as support.
As for selling, it is only for speculators who bought in lower areas (like 140-145) and wish to take profits.
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