$SOL

Current Price: $151.51 (+2.22%)

Timeframe: 1D

Last High: $154.50 | Last Low: $144.87

Volume (24h): 3.58M SOL

Technical Analysis:

EMA Alignment (Bullish):

EMA(9): 143.79

EMA(21): 136.17

EMA(50): 138.25

Price is above all short-term EMAs and approaching the EMA(200) at 162.97, which could act as resistance.

MACD:

MACD: 5.69 (Positive)

Signal line: -4.38

Histogram showing increasing bullish momentum.

RSI:

RSI(7): 75.09 (Overbought)

RSI(14): 64.46

RSI(7) in the overbought zone suggests potential short-term correction or consolidation.

Candlestick Pattern:

Recent candles show a strong bullish trend with higher highs and higher lows.

Small red candle after the high suggests a pause or slight rejection near $154.50.

Conclusion: SOL is in a strong short-term uptrend but nearing resistance at EMA(200). Watch for a breakout above $163, which could confirm continuation. A minor correction is also possible due to the overbought RSI.