Solana SOL Analysis

Frame: Daily

Current Price: $172.77

General Trend: Strongly Bullish

Technical Condition: At Psychological Resistance, Signs of Momentum Slowing

⸻

1. Key Levels at the moment:

• Current Resistance: 180 – 185 (Previous High + Repeated Selling Pressure)

• Potential Support (Retest): 162 – 153 (Average Crossover Area)

• Major Support: 146 – 135 (Clear Pivot Bottom)

⸻

2. Indicator Signals:

• RSI: At 74.29 → Overbought, Market Needs a Little Calm

MACD: Still positive but near previous highs.

• Averages: The price is above all of them → the trend is still strong.

⸻

3. If you are positioned:

• We are nearing fierce resistance; take a partial break at 180–185 if we reach it.

• Keep a portion open if 190 is breached with a clear close.

• Monitor levels 162 and 153 for a retest… it could increase again.

⸻

4. If you are outside the market:

• Don't enter now… entering near resistance is clearly risky

• Monitor the 153–162 level as an opportunity in case of a correction.

• Enter with a clear technical signal, not just desire.