Hey, my friends!

Today we will analyze Solana. Nothing has changed since the last analysis.

Let's go:

📊 4-hour chart:

Solana can range between 165 and 155 dollars.

The range of 165 to 168 was a very strong resistance area and now becomes a support.

If it breaks this range, we have 155 dollars, where the 200 period moving average is located.

📈 Daily chart (broader view):

We can see the price between 140 and 155 dollars, respecting the 200 period moving average.

⚠️ Overbought:

Both in the 4-hour chart and the daily, the asset is overbought.

In the daily chart, the overbought levels have lasted more than 20 days without a stronger correction.

In the 4-hour chart, the overbought condition is also high, indicating a possible short-term correction to 155 dollars.$SOL #SolanaStrong #solanabasememecoin