📊 SOL/USDT Big Bull Flag?
Price and Trend:
Current price — 202.01 USDT, which is 4.63% below the recent high. After peaking around 218 USDT, the price dropped below key EMAs:
EMA 7 — 207.15
EMA 25 — 204.93
EMA 99 — 194.96
This indicates a short-term bearish trend.
Moving Averages:
Price is below the short-term EMAs (7 and 25), indicating weakness. EMA 99 (194.96) serves as important support.
MACD:
MACD (-0.91) is below the signal line → bearish momentum.
Stochastic RSI:
STOCHRSI (0.00 / 11.11) — oversold zone, which may cause a short-term bounce.
RSI:
RSI(14) — 46.82, RSI(7) — 36.20. Both are approaching the oversold zone, signaling a possible local bottom.
🎯 Possible Targets
TP1: 208 USDT (+3.0%) — test EMA 7 and EMA 25.
TP2: 214 USDT (+5.9%) — local resistance.
TP3: 218 USDT (+7.9%) — recent high.
📉 Support:
198–200 USDT (key zone, holding is important for continued growth).
Below — 194 USDT (EMA 99, strong support).
👉 Main Scenario: hold 200 USDT and bounce to 208–214 USDT.
👉 Alternative Scenario: break down 198 → move to 194–190 USDT.
Spot Trading 👉$SOL