$SOL

🔍 Technical Overview

Relative Strength Index (RSI): The 14-day RSI is around 34.77, indicating a neutral stance—neither overbought nor oversold.

Moving Average Convergence Divergence (MACD): The MACD line is below the signal line, suggesting ongoing bearish momentum. However, the histogram shows signs of decreasing selling pressure, which could lead to a bullish crossover soon.

Directional Movement Index (DMI): The Average Directional Index (ADX) is at 20.14, indicating a weakening trend. The negative directional indicator (D-) is at 24.11, reflecting increased selling activity, while the positive directional indicator (D+) is at 14.99, signaling reduced buying pressure.

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📊 Support & Resistance Levels

Support: Approximately $140, as indicated by recent lows.

Resistance: Around $149.73, with a psychological level at $150. A breakout above this resistance could lead to a push towards $152.

⚠️ Short-Term Trading Signals

Bullish Scenario: A breakout above $150 with increased volume could signal a potential upward movement.

Bearish Scenario: A drop below $143.90 could lead to a retest of support at $140.