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Charta Jockey
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Bullish #Sol
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#solana #tehnicalanalysis #sol #TrumpTariffsRateCuts 📊 Chart Summary: - Timeframe: 1 hour - Indicator: EMA 20 (blue line) - Current Price: ~143.86 - EMA 20 Value: 144.83 - Recent candle movement shows hesitation near EMA. 🔍 Technical Analysis: 1. Trend: - Price had a sharp recovery from recent lows but now appears to be consolidating. - EMA 20 is relatively flat, indicating sideways movement in the short term. - Overall structure remains mixed with potential for breakout in either direction. 2. Support & Resistance: - Resistance: 146.20 - 147.50 (multiple rejections seen) - Support: 141.80 - 142.50 zone (price has bounced multiple times here) - Current price is slightly below EMA, suggesting short-term bearish pressure. 3. Candlestick Behavior: - Recent red candle shows a rejection near EMA. - Market participants appear cautious with smaller body candles and wicks. - A breakout candle in either direction may trigger momentum.
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#BullOnTheRun going
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#TrumpTariffs $SOL Doing DCA.
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