Looking at SOL/USDT 4-hour chart from Binance:
Here’s the current situation:
Current Price: $148.16
24h Range: $144.63 (low) – $153.40 (high)
Short-term Moving Averages:
MA(7): $149.48 (above current price = slightly bearish)
MA(25): $150.33 (also above = bearish)
MA(99): $139.52 (well below = longer-term still bullish)
Volume: High during the drop, meaning stronger selling pressure.
Recent Candle: Big red (bearish) candle after hitting $153.40, showing strong rejection at the top.
Prediction (Short-Term, 4h perspective):
Bearish bias: Price is below short-term MAs (7 & 25), which often suggests further downside.
Support Zone: $144.63 — if this breaks, the next area to watch could be around $139.50–$140 (near the MA(99)).
Resistance: Around $150.30–$153.40.
Expected Move: Likely small bounce around $145, but if selling pressure continues, test of $140 is likely.
In short:
In the next 8–12 hours, SOL might continue dropping towards $145–$140 unless it quickly reclaims above $150 with strong volume.