📢 Technical Analysis of $SOL – 4 Hour Frame
🔸 Moving Averages 20 and 50 above 200 = Overall trend is bullish, but currently in correction
🔸 Price is testing the support of the 20 moving average at 190.7
🔸 RSI indicator at 57.5 in a neutral state leaning towards a decline
📌 Trade Type: Spot / Spot
🎯 Positive Scenario:
– In case of breaking the level of 205 and staying above it
– Targets: 210 – 218 – 225
❌ Negative Scenario:
– In case of breaking the level of 190 and staying below it
– Targets: 185 – 175 – 155
📌 Note: Watch for the close above or below the specified levels to confirm the movement.
⚠️ Disclaimer: This analysis is for educational purposes only and does not represent financial advice.#HotJulyPPI #BTCBreaksATH #ETHOvertakesNetflix #MarketGreedRising #HotJulyPPI