$SOL Will test the bottom area $142.5?

- EMA 1H frame EMA24, EMA54, EMA89 are trending down, price is below EMA24 and EMA54, the short-term bearish trend is still present. 4H frame All EMAs are also declining, price just crossed EMA24 and is consolidating around EMA54 → RMS decreases.

- BOLL 1H frame The Bollinger Bands are tightening (width decreasing) → decreasing volatility, may be preparing for a breakout. 4H frame The Bollinger Bands are slightly contracted, the middle band (MM) is trending down, indicating a medium-term downtrend.

- MACD 1H frame MACD is below the 0 line, the MACD line (dark color) is below the Signal line (yellow) indicating the downtrend still predominates. 4H frame MACD in the negative zone, histogram shrinks (negative decrease) momentum is losing downward momentum (may be preparing for a rebound).

👉 Price has a high probability of continuing to fluctuate in the range of 142.50–147.80, with short-term downward pressure still strong. In case the price drops sharply to the bottom area of 142.50, buying volume may recover due to overselling in the 1H - 4H frames.

👉 1D frame the MACD line converging down signals a long-term downtrend

👉 Sell Strategy: (Priority)

- Entry: Sell (short) at the order point around the Fibonacci resistance level of 61.8–78.6%, which is 145.8–146.7 USDT.

- Stop-loss: Above 148.00 (to avoid fake-out).

- Take-profit: 2 stages

TP1: 144.5 (38.2%–50% level).

TP2: 143.8 (23.6% level).

- If it breaks through 142.50, may reinforce TP2 down to 142.00.

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