$SOL the price will slightly recover to $145.75 (Fib 23.6%) before determining the next trend!
- 1H EMA Current price ($144.92) is below the EMAs (24: 145.74), EMA (54: 146.11), EMA (89: 146.60), EMA (36: 145.85).
Short-term trend: Down. 4H frame Price ($144.93) is still below EMA (24: 146.48), EMA (54: 146.77), EMA (89: 145.17), EMA (36: 145.17) Confirming trend: Down
- BOLL 1H and 4H price is hitting the lower band indicating overselling
- 1H MACD weak momentum, 4H MACD (-0.80) is about to cross above Signal (-0.79), positive histogram (+0.01) Could recover in the short term.
👉 Short term (1H–4H): Price is oversold, may slightly recover to $145.75 (Fib 23.6%).
- Medium term (1D): Downtrend due to EMA and MACD divergence.
👉 Buy strategy (Long):
- Entry price: $143.85 (Fib 78.6% support).
- Stop loss: $142.50 (72-hour low).
- Take profit: $145.75 (Fib 23.6% resistance).
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