$SOL Current Price: 144.58 USDT$SOL
Percentage Increase: +9.50%
Current Trend: Strong Uptrend from the Bottom 126.00
Technical Analysis
RSI (Relative Strength Index)
Value = 80.49 → Strong Overbought Condition
Warning Signal of Possible Correction or Downtrend Soon
Stochastic
K = 76.00 and D = 60.64 → Also in Overbought Zones
MACD
Positive Crossover and MACD Indicator Above Zero (Active Buying Power)
Price Breaking Resistance Levels
Successfully Exceeded Resistance of 142.50
But is Now Approaching Strong Resistance at 146.90 - 151.80
Recommendation
Condition Recommendation
Currently Bullish Yes, but the price is very close to strong resistances
Overbought? Yes, most indicators are saturated
Enter Now? Buying now is not recommended, wait for a correction or a retest of 138-140
Selling for Speculators? If you entered from lower levels, you can gradually take profits
Advice
Do not enter at the peak of a move without confirmation
Wait for a confirmation candle on the 1-hour or 15-minute chart to buy on a correction
Stop Loss Below 137, First Target 151 and Second Target 161
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