$BTC

$SOL SOL/USDC perpetual futures trading chart on the 15-minute timeframe. Key observations:

Price: SOL is trading at $119.30, up 5.02%.

24h High/Low: $119.85 / $113.15

Indicators:

Moving Averages: MA(7) at 116.65, MA(25) at 116.17, MA(99) at 115.81.

Stochastic RSI is at an overbought level (94.93), indicating possible exhaustion in upward momentum.

OBV (On-Balance Volume) shows a negative reading (-1.07M), suggesting volume pressure.

Volume & Trend: A sharp price increase with a spike in volume suggests a strong breakout attempt.

Resistance: Near $119.85, if broken, next levels could be $121.46 - $123.89.

Support: Around $116.60 - $114.17.

A cautious approach is advised as SOL is near resistance, with indicators suggesting potential consolidation or retracement.