#SOL/USDT📉 20x - 4H Chart (Text Representation)

Resistance Levels:

158.80 ────────────────┐

157.32 (25MA) ────────┤

156.44 (7MA) ────────┤

155.81 (99MA) ───────┤

Current: 152.83 ────┘

Support: 150.99 ────────┐

Price Action:

▲

158.80 │ × (24H High)

│ / \

│ / \

│ / \

156.44 │ -----------× (MA7 Resistance)

│ /

│ /

155.81 │ --------× (MA99 Pivot)

│ /

│ /

152.83 │ ______× (Current Price)

│ /

│ /

150.99 │ ---× (Critical Support)

│

└───────────────────────▶ Time

Technical Markers:

× = Key Price Levels

── = Moving Averages (MAs)

/ \ = Price Rejection

▼ = Downtrend Pressure

Indicators:

- RSI (Not shown): Likely near 40-50 (Neutral)

- Volume: Bars increasing near $150.99 (High interest)

- MACD (Not shown): Possibly bearish crossover

Trade Setup:

1. Bearish while below 156.44 (MA7)

2. Bullish if breaks & holds above 155.81 (MA99)

3. Stop-loss essential below 150.99

How to Interpret:

Upper Shadows show rejection at higher prices

MAs act as dynamic resistance

Double support test at 150.99 increases breakout likelihood

For actual trading, use TradingView with:

MA7/MA25/MA99 overlay

RSI(14) and MACD

Volume profile