(As of April 27, 2025)
Current price: 148.33 USDT
RSI(14): 49.40 (receding to neutral zone)
Trading volume: moderately expanding, marginal momentum weakening
One, Overview of Overall Trend
SOL has started a rebound frenzy from 100U, continuously breaking through key resistance!
After successfully breaking the 140U barrier, it reached a high of 150U. Although there is currently some consolidation, the main upward structure remains intact, and the overall trend is still upward, albeit with slightly reduced momentum.
Two, Quick Read of Technical Indicators
RSI Observation
RSI has fallen to 49.40, indicating weakened short-term buying momentum;
Watch if the RSI can hold above 40; if it falls below, be wary of further correction risks.
Trading volume signal
The volume during the rising phase is well matched, indicating a healthy upward trend;
However, the trading volume at high levels has shrunk in the past two days, with bulls and bears beginning to engage in a tug-of-war. Be cautious of a potential trend reversal in the short term!
Three, Core Support and Resistance
Short-term support: 143~145 range (small platform support)
Major support: 137~138 range (important defense line)
Upper resistance: 150~152 area (psychological + previous high pressure)
If 143 is maintained, there is hope to continue challenging the 152 level!
If 137 is lost, then the short-term rebound structure may be damaged!
Four, In-depth Commentary on Volume-Price Structure
The current trend of SOL belongs to the **'gradual rise + stair-step consolidation'** pattern,
However, the trading volume at recent highs has continued to shrink, indicating that the bullish momentum is slowing down.
A breakout above 150 with sustained volume will trigger a new wave of strong momentum in the medium term;
If it continues to rise without volume, be careful that high-level fluctuations may evolve into a decline.
Five, Comprehensive Operational Guidance
SOL is currently still in a main upward trend, but momentum is weakening, focusing on short-term consolidation to digest the gains.
In terms of operations, caution is required at high levels, closely monitor the performance of the 143 support;
Conservative traders should patiently wait for confirmation after volume increases before decisively acting!
The trend is not dead, just building momentum.
A true hunter knows how to quietly ambush before the storm arrives!
