SOL/USDT – 4H Technical Analysis
$SOL is consolidating at $144.40, sitting just below the mid Bollinger Band ($147.06) with squeezed volatility between $143–$150, signaling a likely breakout setup.
Momentum is weak: RSI(6) at 38.9 suggests bearish bias, with RSI(12/24) below 50 confirming the lack of strength. MACD is in bearish territory (DIF: -0.93, MACD: -0.21) with no crossover in sight yet, showing sellers still have control.
Support lies near $142.50; a break below opens risk to $137–$132. Bulls need a clean reclaim of $147.50+ with volume to regain momentum toward $157.
Accumulation phase or breakdown? Watch for volume shift and RSI divergence to gauge next move.
