Hey Guys,
Strong Prediction of $SOL
Market Analysis – 13 May 2025
Current Price: $174.36
24h Change: -0.48%
24h High / Low: $181.46 / $166.18
RSI(6): 69.58 – Near overbought zone
Volume (24h): 5.09M SOL / 884.05M USDT
Technical Overview:
1. Price Action:
After hitting a 24h low of $166.18, SOL strongly rebounded, climbing above key moving averages. The current candle is bullish, suggesting strong short-term buying interest.
2. Moving Averages Cross:
MA(7): 172.44
MA(25): 172.74
MA(99): 172.94
All three moving averages are converging below the current price, signaling a potential short-term trend reversal. A golden cross is forming, which could attract momentum traders.
3. RSI Signal:
The RSI(6) is at 69.58, which is just below the overbought level (70). This shows strength in the recent upward move, but it also hints that a small pullback or consolidation might occur soon.
4. Market Sentiment:
Today: +2.29%
Last 7 Days: +18.87%
Last 30 Days: +33.12%
Despite negative trends in the 90-day and 180-day ranges, SOL is showing impressive short-term recovery, attracting fresh attention.
conclusion :
SOL is gaining bullish momentum after a bounce from $166.18. If the price sustains above $175.50, we might see a retest of the $181.46 resistance. However, with RSI nearing overbought territory, watch for consolidation or minor corrections before another leg up.
Bullish Above: $175.50
Next Target: $181.46
Support Zone: $172.00 – $168
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