SOL - BE CAREFUL WITH FOMO!
The asset is in a strong uptrend, but VERY stretched on the 4h chart!
🚨 The price is well away from the moving averages, which historically greatly increases the risk of technical corrections or sideways consolidation.
📊 The 200 USD region also serves as psychological resistance, which may hinder the immediate continuation of the movement.
🔻 Possible correction targets:
Immediate support: 185 USD
Stronger support: 170 USD
🧠 Entering now may compromise the risk-return ratio. Be alert to reversal signals and wait for a possible healthy pullback before considering new positions.
