$SOL $TRUMP $BTC #Through analyzing the image you attached, which shows the SOL/USDT chart on a 1-hour timeframe, here are the key technical points:
Current Situation:
Current Price: 148.73 USDT
Last High: 150.39 USDT
Last Low: 145.55 USDT
There is a slight correction after an upward attempt, but the chart you added suggests a bullish rebound is expected.
Technical Indicators: MACD:
A positive crossover is observed between the yellow line (DIF) and the pink line (DEA).
Momentum is slightly rising, which supports the chances of an upward movement in the near term.
Stochastic RSI:
The value is at 69.72, indicating an approach to the overbought area, but it is not in the overbought zone yet.
A crossover recently occurred upwards, which is also a positive signal.
Supports and Resistances:
Strong Support: at 145.55 USDT
First Resistance: at 150.39 USDT (needs to be broken to confirm the upward trend)
If broken, the next target will be between 152 – 155 USDT
General Outlook:
The market is currently in a slight correction within a potential upward trend.
If it holds above 147.50 – 148.00, a positive rebound towards 150.39 and then higher is expected.
Breaking 145.55 would be negative and nullify the bullish scenario.
Would you like me to keep tracking the market for you throughout the day with entry and exit alerts?
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