$SOL ⚡️ SOL/USDC Quick Analysis (1m Chart)

💰 Current Price: $151.80

24h Change: +3.31% 🚀

24h High: $152.76

24h Low: $146.74

📉 Chart Breakdown

🔄 Recent Price Action:

Price spiked to $152.59, but quickly retraced.

Support formed near $151.42 – $151.18 zone.

The price is now retesting the lower end of a minor consolidation range.

🧠 Indicators In Focus

🟡 Parabolic SAR:

Dots recently flipped below the price.

This is the first bullish reversal signal after a sharp retracement.

📌 Interpretation: Possible short-term reversal or at least a pause in selling.

📈 MACD:

DIF: -0.12

DEA: -0.11

MACD Histogram: Still red, but flattening slightly.

📌 Interpretation: Bearish pressure is weakening, but no confirmed bullish crossover yet.

🔊 Volume:

Multiple spikes in buying volume occurred during the previous rally to $152.59.

Current volume is tapering, indicating cooling interest—but this can quickly flip on a breakout.

📊 Performance Snapshot:

Timeframe Performance

Today +0.45%

7 Days +14.35% 🚀

30 Days -9.87%

90 Days +21.82%

180 Days -19.70%

1 Year +8.31%

🧠 Overall: Despite short-term weakness, SOL has shown strong medium-term recovery in the last 90 days.

🎯 Trading Plan: Scalping or Short-Term

✅ Entry Idea (Buy Zone):

Buy if price holds above $151.50 (confirm bounce off SAR support)

📈 Profit Targets:

Target 1: $152.20

Target 2: $152.70 (24h high resistance)

❌ Stop Loss:

Below $151.10 (if support fails)

🔥 Risk/Reward Summary

Signal Status

Momentum Weak bearish, fading

SAR Bullish reversal just triggered ✅

MACD Close to turning bullish

Volume Low (wait for confirmation)

Market Sentiment Recovery mode (14.35% 7d gain) ✅

📢 Final Word:

SOL is holding up well with signs of a bullish reversal forming.

Watch closely for MACD confirmation and volume pickup. A break above $152.20 could spark another push to the day’s high.#solana #BTC110KToday? #BinanceTGEXNY #CanadaSOLETFLaunch