📌SOL/USDT 4-hour Trend Analysis: Bulls Continue, Focus on High Breakthrough

🔹Overall Trend

SOL has been rising recently, with the price breaking through the key resistance level of $169.28, currently at $181.34, showing a clear dominance of bullish strength. The overall trend exhibits strong upward momentum.

🔹Moving Average System

Short-term Moving Average (10-day): Clearly upward, supporting price movement.

Mid-term Moving Average (30-day): Rising in sync, showing a good trend.

Long-term Moving Average (60-day): Steadily moving up, consolidating the mid-term trend.

📌 Conclusion: The bullish pattern remains dominant, and if it can hold above $175, there is potential for further upward movement in the future.

🔹Structural Analysis

Pattern Analysis:

Currently within an ascending channel, with clear elevation of highs and lows, prices steadily climbing along the trend line.

Short-term focus on the previous high resistance level of $185, a breakthrough could test the $190 area.

Support and Resistance:

Support Level: $175 (short-term support), $169 (previous resistance, now turned support).

Resistance Level: $185 (short-term pressure), $190 (previous high area).

🔹Volume-Price Relationship Analysis

The rise is accompanied by increased volume, indicating continued capital involvement.

If $185 breaks with increased volume, it will confirm further expansion of the bullish space.

Otherwise, a decrease in volume and stagnation may lead to a short-term adjustment.

🔹RSI (Relative Strength Index) Analysis

Current RSI(14) is 61.79, still in a healthy range, but close to the overbought edge.

If it breaks 70, caution is needed for short-term pullback risks.

Conversely, if it pulls back and does not break 50, it will continue to maintain bullish momentum.

🔹Summary

📉 Market Trend: Bulls continue, prices rising along the trend line.

📊 Key Support: $175 (short-term), $169 (mid-term).

📈 Key Resistance: $185 (short-term high), $190 (previous high test).

🎯 Strategy Suggestions:

✅ Short-term focus on the breakthrough of $185; if it breaks with volume, consider following the trend.

✅ If it cannot break, be cautious of a pullback to $175; if it does not break, consider a low buy position.

✅ If it breaks below $169, reassess the strength of the trend.

Overall, SOL is in a good ascending channel, and a short-term breakthrough of $185 would provide greater upward potential in the future.