📊 OVERVIEW
• Current Price: $147.06 (+3.42%)
• 24h High: $147.57
• 24h Low: $140.12
• Key Resistance: $148.00
• Recent Low: $126.00
⸻
🔍 TECHNICAL ANALYSIS – 4H TIMEFRAME
1. Bollinger Bands (21,2)
• Price is approaching the Upper Band ($148.04), which aligns with previous resistance at $148.
• Middle Band (Support): $143.72
• Lower Band: $139.40
➡️ Bollinger Bands are expanding → Indicates increasing volatility.
⸻
2. RSI
• RSI(6): 72.12 → Overbought
• RSI(12): 62.02 → Bullish but not extreme
• RSI(24): 55.65 → Still neutral
➡️ RSI shows strong momentum, but short-term overheating may lead to a small pullback.
⸻
3. Volume & Moving Averages
• Volume Spike: 504K, showing strong buying interest.
• MA(5): 428,123 > MA(10): 426,740 → Uptrend confirmed.
• This breakout candle has high volume, which is a bullish confirmation.
⸻
🔮 NEXT MOVE – SCENARIOS
✅ BULLISH CONTINUATION
• If SOL breaks and closes above $148 on 4H:
• Next targets: $152.5 → $155
• Confirmed by RSI(12) staying above 60 and volume staying elevated
⚠️ SHORT-TERM PULLBACK
• If price fails to close above $148, or RSI(6) > 75 and starts turning down:
• Possible retracement to $144 – $143.7 (middle Bollinger Band)
• Still bullish overall if this support holds
⸻
📌 STRATEGY SUGGESTION
Position Entry Condition Target Range Stop Loss
Long Price closes above $148 w/ volume > 500K $152.5 – $155 $143.7
Short Price rejects $148 & RSI turns down $144 – $143.5 $148.
