◆ General trend (4 hours)
★ Medium-term bullish trend: Higher highs and lows pattern since mid-April.
★ Moving averages
🟡 MA(7) at ~146.58$ → Shows short-term volatility
🔴 MA(25) at ~148.20$ → Resistance and dynamic support area
🟣 MA(99) at ~145.91$ → Strong support and basis for the bullish trend
◆ Supports and resistances
▶ Main supports:
▪️ 145.00–145.50$: Near MA(99) and last candle low
▪️ 140.00$: Psychological level and historical support
▪️ 134.00–136.00$: Previous lows and pivot area
▶ Main resistances:
▪️ 149.50–150.00$: MA(25) crossover and pivot high
▪️ 157.00$: Highest price in late April
▪️ 160.00$: Strong psychological level
◆ Momentum and volume
✔ Trading volume (VOL): Decreases during slight decline → Quiet correction, not random selling
✔ RSI at ~50 (neutral) → Balanced before a new trend
⚡ MACD close to zero → Prepared for a bullish crossover that reaffirms momentum
◆ Expected scenarios
🔺 Bullish scenario:
▪️ Bounce from 145.00–145.50$ with MA(99) support
▪️ Breakout 149.50–150.00$ with high volume → targets 157.00$ then 160.00$
🔻 Bearish scenario:
▪️ Break 145.00$ and close below it for 4 hours → test 140.00$
▪️ If pressure continues, the possibility of dropping to 134.00–136.00$
◆ Risk management recommendations
❗ Stop loss: Below 145.00$ (e.g., 144.50$)
❗ Position size: Moderate to minimize impact in case of price movement against
$SOL
❗ Monitor volume and momentum as approaching supports and resistances
🔑 Summary:
As long as the price is above 145.00$ and supported by MA(99), the correction remains mild and the opportunity for an upward move towards 150–157$.
Break 145.00$ strongly may open the way for a decline to 140.00$ then 134–136$.
