Update $SOL

Last peak: 213.6 → rejected and dropped

Moving Averages:

MA(7) = 207.2 (above the price) → short-term selling pressure

MA(25) = 203.5 (very close to the price) → first support

MA(99) = 200.1 → stronger support if a downward break occurs

📊 Indicators:

RSI (6) = 41 → below 50 → downward trend, has lost bullish momentum

Stoch RSI = 11.8 → entered a strong oversold area → possibility of a near-term rebound

MACD = -0.43 with a negative crossover (DIF < DEA) → still has downward pressure, but the bottom may be near

📌 Interpretation:

Short-term trend: downward after rejection from 213.6

We have a significant support area around 203 – 200

If it breaks 200 with a strong candle → it opens the way for levels 196 – 190

If it holds above 203/200 with an RSI rebound → it might retest 208 → 210

⚠️ Conclusion:

The market is currently in a critical area between 200–203

Breaking below = continuation of the decline

Rebounding from it = opportunity to enter a quick trade$SOL #BinanceHODLerDOLO #SOLTreasuryFundraising