$SOL "Square" (assuming it's a token or asset named "Square" trading on a Layer 1 blockchain, possibly in the $SOL /USDT pair), here's a technical analysis report as of April 17, 2025:

Technical Analysis Report – Square Token (SOL/USDT Pair)

Current Price:

$134.72 (+0.87%)

Price Action Summary:

24h High: $136.20

24h Low: $130.55

Current Price is near midpoint of daily range, showing consolidation.

Volume Analysis:

24h Volume:

3.51M SOL

$470.96M USDT

Latest Volume (candlestick): 124,168 SOL

Volume MAs:

MA(5): 185,461 SOL

MA(10): 189,256 SOL

Interpretation:

Current volume is lower than short-term average, indicating reduced buying pressure or indecision.

Moving Averages (Price):

MA(7): $133.85

MA(25): $132.92

MA(99): $130.31

Interpretation:

Price is above all major moving averages, indicating a short-to-mid-term bullish trend.

Strong support lies near MA(25) ($132.92) and MA(99) ($130.31).

Resistance & Support Levels:

Resistance:

$136.20 (recent high)

$136.49 (depth level)

Support:

$132.40

$130.55 (daily low)

$129.68 (stronger support)

Technical Indicators (Inferred):

Trend: Bullish

Momentum: Mild, with potential for breakout above $136.50

Volume: Slight decline; may need a volume surge for strong breakout

Outlook & Strategy:

Bullish Scenario:

Break above $136.50 with strong volume could trigger a rally towards $138–$140.

Bearish Scenario:

If it fails to hold above $132.92 (MA25), could retest $130.50 or lower.

Trade Recommendation:

Short-Term (1–2 days):

Wait for breakout confirmation above $136.50 with volume > 200K SOL.

Mid-Term (1 week+):

Buy on dips near $131–$132.50

Target: $138–$142

Stop-loss: $129.50