🚨 Quick Analysis – Solana (SOL/USDT) 4H
In the 4-hour chart, Solana (SOL) shows a corrective movement after reaching the top at $213.60. The price has lost buying strength and broke through short-term averages, indicating the formation of a double top — a chart pattern that can signal a trend reversal in the short term.
Currently, the asset finds support near the EMA(99) region, which often acts as a defense zone in corrective movements.
🔹 Resistances:
$197.90
$206.70
$213.60 (recent top)
🔹 Supports:
$188.50 (current testing level)
$180.20
$171.40
⚠️ Attention: This analysis is just a chart study and is not a recommendation to buy or sell.
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