$SOL
"A Technical Look at the Daily Frame of Solana (SOL)"
The daily chart of Solana (SOL/USDT) shows a medium-term uptrend, having recovered from a low of 95.26 to a high of 157 dollars, before retreating to levels of 146.79. The RSI indicator at 52.36 indicates market neutrality with a slight upward bias. The MACD indicator shows a slight negative crossover (MACD: -0.55), suggesting a potential temporary correction.
The current price is above a strong support level at 142.50 – which is the lowest level in 24 hours – reinforcing the hypothesis of a rebound if not broken. If the price remains above 142, and momentum stays stable, there may be a short-term buying opportunity, especially with a new breakout above the 150 level.
However, given the decline in momentum in the MACD, it is preferable to wait for confirmation of the return of green candles or the appearance of a new positive crossover before entering. Risk management remains essential, with a stop loss set below 142.