$SOL $SOL
Recent Price Action:
SOL made a low around $142.50, then bounced back near $146+, but is struggling to go higher.
The current price is $144.69, which is slightly below the average line (AVL) $144.46, indicating indecision.
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Indicators:
RSI (6) = 41.81 → Slightly bearish, but not oversold. Could still go down a little.
Stochastic (K=35.43, D=42.47, J=21.35) → In a bearish zone, though J is low and might indicate an upcoming short-term bounce.
MACD (Yellow & Purple lines) → Still not showing a strong bullish crossover.
Volume → Spikes show interest from buyers and sellers, but not strongly favoring bulls yet.
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Support and Resistance:
Support: $142.50 (recent low)
Resistance: $146.17 and $148.24
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Conclusion:
SOL is in a pullback phase after a downtrend. If it holds above $142.50 and breaks $146.17 with volume, it can go up. But if it breaks below $142.50, expect further downside.