SOL/USDT Analysis on Daily Chart
📊 Last price: 130.53 USDT (+4.08%)
🔹 24h High: 132.14 USDT
🔹 24h Low: 120.66 USDT
🔹 24h Volume: 18.87M SOL
✅ Technical Indicators:
• EMA(7) at 129.16 USDT: Acts as immediate support.
• EMA(25) at 147.38 USDT: Still distant, indicates strong resistance.
• EMA(99) at 180.95 USDT: Confirmation of bearish trend in larger timeframe.
• RSI(6) at 46.50: Neutral zone, no overbought or oversold.
• MACD: Still below the signal line, no clear bullish confirmation.
📌 Key Areas:
🔹 Strong support: 120-125 USDT
🔹 Immediate resistance: 132-135 USDT
🎯 Possible Scenarios:
✅ Bullish: If it breaks 132 USDT with volume, it could target 138-140 USDT.
⚠️ Bearish: If it loses 129 USDT, it could retest 120 USDT.
🚀 Strategy:
📌 Take partial profits at 132-135 USDT if there is rejection.
📌 Bullish confirmation if it exceeds 135 USDT with high volume.
📌 Recommended stop-loss at 125 USDT to protect profits.
🔎 Conclusion:
SOL is in a possible recovery but remains in a bearish trend on the daily timeframe. The key is to exceed 132 USDT to confirm bullish momentum.
