$SOL Chart: SOL/USDT (1H Timeframe)

Price: $148.75

Indicators Used: MA(7), MA(25), MA(99), MACD, RSI

---

Technical Analysis:

1. Trend:

The price is in a downtrend after facing resistance at $154.21.

MA(7) is below MA(25) – indicating a short-term bearish signal.

The price is currently trading below MA(25) but still above MA(99), showing weakness in the short to medium term, with potential support around $143–$144.

2. RSI (6):

RSI = 37.87 – Near the oversold zone. There's a chance for a bounce, but no strong reversal signal yet.

3. MACD:

MACD = -0.60, Signal Line (DEA) = 0.78, and red histogram bars – bearish momentum is still active.

---

Trade Setup:

Entry:

Wait for bullish confirmation (like an RSI bounce or MACD crossover).

Aggressive entry: Around $148.00–$147.50

Conservative entry: After a breakout above MA(25) = $150.73

Targets:

Target 1: $151.50

Target 2: $154.00 (recent high)

Target 3: $157.00 (if price breaks above $154.21 resistance)

Stop Loss:

Below $147.00 (24h low)

---

Signal Summary:

For now, keep it on your watchlist – wait for confirmation. If signs of a bounce appear, a short-term buy opportunity may be possible with a tight stop-loss.