Here's a breakdown of your SOL/USDT chart (30-minute timeframe):
Current Price:
$119.15
Down 1.56% over the last 24 hours.
24H Range:
High: $121.13
Low: $117.15
Price is currently sitting in the lower-mid of its 24h range, showing some recovery after a dip.
Price Action:
The price hit a recent low around $113.25 and rebounded back toward $119.15.
There was a failed attempt to reclaim the $124.00 resistance — a strong rejection happened there.
Currently, the chart is showing lower highs, indicating some short-term bearish momentum.
Price seems to be consolidating around the $119 support zone, which is acting as a minor base for now.
Performance Summary (Below the Chart):
Today: +1.35%
7 Days: -5.69%
30 Days: -20.08%
90 Days: -44.22%
1 Year: -32.26%
This suggests a strong downtrend on the higher timeframes, with some short-term bounce today.
No Indicators Enabled Yet (MACD, RSI, EMA, etc.):
You haven’t enabled EMA or indicators like MACD/RSI in this view. Turning them on would give a clearer view of the trend strength and possible momentum shifts.
Quick Take:
Short-term: Weak recovery but facing resistance.
Mid/Long-term: Bearish trend.
Watch: Support around $117–$119 and resistance at $121–$124.
Would you like me to guide you on how to set key indicators like RSI, MACD, or EMA on this chart for deeper analysis?