SOL/USDT 4H Market Analysis – April 19

Current Price: $138.52 (+3.18%)

24H High / Low: $139.47 / $132.47

Indicators Used: Bollinger Bands (BB 20,2), Volume SMA

Solana (SOL) is currently trading at $138.52, showing short-term strength after rebounding from the $132 zone. On the 4-hour chart, the price is testing a key resistance near $139.80, which if broken, could open room for a potential rally towards the $160.26 mark (next major resistance).

Key Levels to Watch:

Immediate Resistance: $139.80

Major Resistance: $160.26

Support Zones: $136.39, $132.51, and $125.23

Technical Outlook:

Bollinger Bands are tightening, indicating potential breakout.

Price is holding above mid-band and 20 EMA – bullish short-term structure.

A break and close above $139.80 could confirm upside momentum.

Watch volume – a spike with breakout can confirm bullish strength.

Performance Overview:

Today: +3.29%

7 Days: +13.89%

30 Days: +3.45%

90 Days: -44.29%$SOL #SolanaSurge #TrumpVsPowell