📍 Price $SOL Current: $156.17
📉 Decrease: -2.50%
📈 High 24 Hours: $161.14
📉 Low 24 Hours: $154.00
---
🔍 Technical Indicators:
✅ Exponential Moving Averages (EMA):
EMA 13: 157.00 (above current price)
EMA 50: 160.86
EMA 100: 163.90
EMA 200: 162.06
Interpretation:
Current price is below all major EMAs, indicating a short to medium-term bearish trend.
EMA-13 has already death crossed below EMA-50, signaling continued weakening.
---
✅ RSI (6): 44.27
RSI is in the neutral to lower area, meaning it is not yet oversold but tends to be weak.
There is still room for a decrease, but if RSI touches 30, potential rebound could occur.
---
✅ MACD:
DIF: -0.94
DEA: -1.23
Histogram (MACD): +0.29
Interpretation:
Histogram is starting positive (cross up), indicating early reversal potential.
But MACD-DIF is still negative, so the uptrend is not yet confirmed.
---
✅ Volume:
Volume is relatively stable, with no massive accumulation or panic sell.
However, there is also no significant buying pressure.
---
🧭 Important Levels:
🔽 Support:
$154.00: minor support (low 24 hours)
$148.00–150.00: previously strong support zone
$131.25: critical support
🔼 Resistance:
$160.86–163.90: EMA 50/100 area (strong resistance)
$171.95: main resistance (previous breakout point)
---
📌 Conclusion & Scenarios:
🔵 Bullish Scenario (Rebound):
If the price can break back above EMA 50 ($160.86) and RSI > 50:
Target: $163.9 → $171.9
Buy signal is stronger if volume increases and MACD cross up is valid.
🔴 Bearish Scenario (Breakdown):
If the price breaks down below $154:
Downward target: $150 → $145 → $131
Confirm with RSI dropping to <40 and MACD weakening again.
---
✅ Strategy Recommendations:
Swing Trader: Wait for breakout confirmation above EMA 50 with RSI > 50 for long entry.
Scalper/Short-Term: Can enter in the $154–$156 area with tight stop loss < $153.
Conservative Risk-Reward: Buy if it drops to strong support ($148), rebound target $160+