1. **Price and Moving Averages (MA):**
- Current price: 190.71
- MA(7): 190.44
- MA(25): 191.88
- MA(99): 193.65
The current price is close to MA(7), but below MA(25) and MA(99). This may indicate potential resistance at these levels.
2. **Relative Strength Index (RSI):**
- RSI(6): 46.87
- RSI(12): 37.66
- RSI(24): 38.25
RSI values below 50 indicate a lack of overbought conditions, but do not signal a strong bullish impulse.
3. **Trading Volume:**
- Volume over 24 hours: 298.41 million USD
- Vol: 11,481.771
The trading volume seems moderate, which may indicate a lack of strong interest from buyers or sellers.
4. **Support and Resistance Levels:**
- Maximum over 24 hours: 196.24
- Minimum over 24 hours: 189.23
These levels may serve as key points for setting stop-loss and take-profit orders.
**Recommendation:**
- If you are considering entering a long position, it might be worth waiting for confirmation of an upward trend, for example, overcoming the MA(25) or MA(99) level with increased volume.
- Set a stop-loss below the key support level (e.g., 189.23) to manage risk.
- Consider the overall market situation and news that may affect the price of SOL.
It is always important to conduct your own analysis and consider your risk tolerance before making trading decisions.$SOL