#solana SOL/USDT Intraday Report

Current Price: 147.22 (+1.01%)

Support Levels:

• EMA13 (145.58)

• EMA21 (143.47)

Resistance Levels:

• Strong Resistance Above: EMA89 (149.11), if held, targets 173.48 (previous EMA high)

Technical Indicators:

• RSI (55): Neutral with no overbought

• MACD: Death cross (-0.81) with decreasing volume, short-term momentum is weak, caution against false breakouts

Key Levels:

• Volume drops below 145.5, look down to 143.4

• Volume breaks above 149.1, bullish target 160+

Trading Strategy:

Focus on 149.1 as the watershed for intraday, if broken, enter long with light positions; if resistance is met on a pullback, consider short positions near 145.5

Trend:

Mid-term EMA (89-day) is flat, if unable to hold the moving average cluster, watch for a pullback to the 130-135 area

The market is starting to return to a news-driven environment rather than a technical one, overall, it can go either way, remember to set stop-losses, and don't forget to give a thumbs up #solana