#solana SOL Intraday Express 🔥

• Support Level:

◦ 143.05 (EMA21)

◦ 142.50 (24-hour low)

• Resistance Level:

◦ 147.81 (previous high)

◦ 149.43 (EMA89)

Trend Analysis

Current price is oscillating narrowly around 146.6:

• Technical Indicators:

◦ MACD death cross, but momentum is weak;

◦ RSI is in a neutral range, direction is unclear.

• Volume Situation: Trading volume is below 5-day and 10-day average volume (VOL<MA5/10), both bulls and bears are in a stalemate.

• Trading Opportunities:

◦ If the price stabilizes above EMA21 (143), a small position can be attempted for long, targeting a breakout at 147;

◦ If a significant drop below 142.5 occurs, switch to a bearish outlook, targeting down to 140;

◦ The upper EMA89 (149.4) is a strong resistance area, requiring a large bullish candle along with increased volume for an effective breakout.

Operational Strategy

• Conservative: Place orders near 142.5 to ambush long positions;

• Aggressive: Attempt short positions with a small size at 147.8.

⚠️ Important Reminder: Be sure to set stop-losses strictly!

Focus and like this post #solana