📌 Current technical situation$SOL :-
• The current price is approximately 171.96 USD, with a slight decrease of about −0.05%.
• In the last few hours, the price ranged between 168.82 USD as the lowest and 183.14 USD as the highest.
📈 Performance forecasts for the next 24 hours:-
• The CoinLore platform predicts that SOL's price will move tomorrow between 169.93 USD and 175.65 USD, with a suggested price of 177.66 USD (+2.5%).
• Binance’s CoinPrediction indicates an upward trend of ~5%, reaching a price of about 176.02 USD tomorrow.
• CoinCheckup's forecast is very close at 176.12 USD, which is within a similar range.
🧭 Short-term technical signals:-
• StockInvest indicates a general buy signal, with supports at 170.59 USD and 167.68 USD, and resistances at about 181.97 USD.
• MACD and EMA indicators show a bearish divergence despite short-term resistance still being in demand.
🚨 Risks and volatility:-
• CoinLore indicates daily volatility that could reach around ±5%.
• The trading volume has recently decreased, which may reduce the accuracy of the actual price movement, despite the MACD indicator moving towards sell signals.
• Academic forecasts confirm that cryptocurrencies in general, including SOL, exhibit characteristics similar to random noise (Brownian motion), making predictions accurate only in the short term and less reliable in the long term.
☑️ Summary and advice$SOL :-
• It is expected that SOL's price will rise tomorrow by a range of +2% to +3%, reaching the range of 176–178 USD, provided it remains above the key support level of ~170 USD.
• A clear breakout above 181–182 USD could open the way towards resistance at ~183 USD.
• Breaking the support level at 167–170 USD could push the price towards ~164–168 USD as potential retracements.
• It is recommended to use a stop loss at 170 USD in case of entering today, and to set a target around 176–178 USD for safe short-term profits.
If you want me to analyze the market with you daily, support me with a like and subscribe so you receive every analysis daily. See you later.
