Technical Breakdown
1. Price Structure & Trend
Trading below EMA(7): $167.57 and EMA(25): $171.49
Holding barely above EMA(99): $162.49 → make-or-break zone
2. Momentum & Volume
RSI(6): 32.02 – nearing oversold
Stoch RSI turning up: 5.35 > 2.57
Volume collapse: 438.9K SOL (–82% below MA5) → likely seller exhaustion
3. Support & Resistance
Support: $162.49 ➝ $162.00 ➝ $133.68
Resistance: $164.14 ➝ $167.57 ➝ $171.49 ➝ $179.33 ➝ $206.30
4. Sentiment
Market indecisive due to low volume
Solana still influenced by ETH/BTC sentiment
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📊 Price Prediction
Short-Term (6–12h):
✅ Bounce to $164.14–$167.57 likely
❌ Below $162.49 = breakdown alert
Medium-Term (24–48h):
🟢 Close > $167.57 → potential run to $179.33–$206.30
🔴 Close < $162.49 → risk of fall to $133.68–$100.00
Long-Term Bias: Bearish below $171.49 (EMA25)
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📈 Trade Setup
Scenario 1: Reversal from EMA(99)
Entry: $162.60–$163.00
Trigger: 15m close > $163.50 + RSI(6) > 35
Targets: $164.14 / $167.57 / $171.49
Stop: $161.80
Scenario 2: Breakdown Short (High-Risk)
Entry: $162.00–$162.30
Trigger: 1h close < $162.49 + volume > 1M
Target: $133.68
Stop: $163.50
🛡 Risk Controls:
Max position size: 1.5% of capital
Volume > 800K on breakout = confirmation
Risk:Reward ~ 1:5
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🔔 Catalysts to Watch
Solana network stability
Meme coin activity
Bitcoin dominance < 52%
⚠️ Warning:
If
price breaks below $162.49 with low volume, bulls may lose control. Consider trimming exposure.