🔍 Solana ( $SOL /USDT) 4H Chart Analysis

Current Price: $151.58

MA Overview:

MA 7: $146.93 (recently reclaimed ✅)

MA 25: $150.09 (now acting as short-term support)

MA 99: $153.91 (key resistance to watch)

📈 Technical Structure:

Solana has bounced off the $142–144 region, forming a short-term higher low. It has successfully broken above the 7 and 25 MA, showing short-term bullish momentum. The price is now approaching the 99 MA, which has acted as dynamic resistance throughout the downtrend since early June.

This breakout attempt resembles a "double bottom" reversal — but needs confirmation above the $154 zone.

🎯 Targets Ahead:

Target 1: $154 — 99 MA + minor resistance zone

Target 2: $160 — previous support-turned-resistance

Target 3: $167 — local high from early June

🛡️ Key Support:

$150: now flipped from resistance to support

$144: previous low; losing this would invalidate the current bullish thesis

📊 Conclusion:

Solana is flashing early signs of recovery. If it can hold above the 25 MA and break through the 99 MA around $154, momentum could accelerate.

However, macro resistance at $160 needs strong volume to break — so remain vigilant for a potential bull trap if momentum fades.

⚠️ DYOR – Do Your Own Research. This is not financial advice. Markets can be volatile — always trade responsibly!