#MarketPullback . Opportunity:
• Current Price: 143.74 USDT (-1.24%), trading below short-term EMAs (EMA36, EMA54, EMA89) → Short-term downtrend.
• Technical Indicators:
o RSI(6) = 17.13 (STRONGLY OVERSOLD) → Potential for technical recovery.
o STOCHRSI = 6.14 (extremely oversold) → Potential reversal signal.
o OBV negative (-846K) → Selling pressure, but if RSI recovers, the price may bounce back.
• Cash Flow:
o Cash flow in 5 days: +16.95K SOL → Accumulating buying power.
o High trading volume (3.07M SOL) → Good liquidity.
2. Risks:
• Downtrend: Price is below all EMAs → Difficult to increase sharply right away.
• Nearby Resistance: 145 - 147 USDT (EMA36/54/89).
• Negative OBV: If not improved, selling pressure may pull the price down further.