SOL failed to hold above the 150 USDT level and corrected down to a local low at 140.72. Currently, it’s showing signs of recovery, trading at 147.40 — a notable bounce from the bottom.
Moving averages MA7 (146.83), MA14 (149.21), and MA28 (149.51) are converging, suggesting a potential consolidation zone. The Parabolic SAR has shifted below the price, indicating a possible continuation of the upward move.
MACD remains negative (MACD: -0.540, DIF: -1.438), but the shrinking histogram bars may point to weakening bearish momentum.
RSI(6) at 46.72 is rising gradually, suggesting a mild recovery. RSI(12) and RSI(24) are also trending upward, though with limited strength.
Volume remains average, with no significant spikes — confirming cautious buying interest.
Scenario: a breakout and hold above 149.50–150.00 could open the path to 154.50 and beyond. On the downside, the key support to watch remains at 140.70.
