$SOL
📈 $SOLUSDT – 4H Technical Analysis (26 April 2025)
Pair: $SOLUSDT
Timeframe: 4 hours (4H)
Current Price: Around $149.80 (estimated)
24h Range: $147.75 – $153.77
24h Change: - 2.89%
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🔍 Price Action Overview:
Solana ($SOL) is currently showing signs of consolidation after a sharp bounce from the $144.00 support zone. Price action is forming a small ascending triangle, signaling a potential bullish breakout. SOL is now approaching the $154.00 resistance level, which will be key for the next move.
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🔧 Technical Indicators:
RSI (14): Around 51 — indicating moderate bullish momentum.
MACD: Bullish crossover confirmed, but momentum is still building.
Volume: Slightly increasing; a strong breakout volume is needed to confirm upside movement.
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📊 Key Levels to Watch:
Resistance: $154.80 — $157.50
Support: $144.50 — $147.00
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🧠 My View:
If SOL can break and hold above $152.80 with strong volume, the next upside target would be $157.50–$160.00.
However, if it fails to break resistance and falls below $147.50, we could see a pullback towards $144.00.
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💬 Your Thoughts?
Are you bullish or bearish on SOL in the short term? Share your thoughts in the comments!
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Note:
This analysis is for educational purposes only. Please do your own research.