Quick analysis of SOL today:

Current price: $180.56

24-hour price increase: +7.06%

Highest price today: $184.88

Lowest price today: $166.18

Technical situation:

• The price is now at a medium resistance area (close to MA99 at $181.77).

• The moving averages (MA7 and MA25) are crossing positively, giving a short-term bullish signal.

• The StochRSI indicator is at a very high overbought level (92.5) = potential for a correction soon.

Should we buy now?

• Buying now carries risk as the price is near resistance and overbought indicators are high.

• The better plan: wait for a slight drop and test support at $178 – $176, then consider buying from there.

Advice for traders:

Do not enter at peak momentum; it is better to wait for a slight correction and enter from strong support areas.