$SOL Analysis
💥 Price action:
SOLUSDT is in a clear downtrend across all timeframes, with price recently bouncing off the $142–$144 support zone. The 1D and 4H charts show persistent lower highs and lower lows, with all EMAs above price, confirming bearish momentum.
📊 Support resistance:
Major support: $142, $135
Major resistance: $153, $160, $172
Price is currently hovering just above key support ($148), having bounced from $142.
⚠️ Outlook:
Momentum is weak, with no bullish divergence on RSI or MACD. Scalpers might catch a dead cat bounce, but the trend is your friend—short any weak rallies into $153–$160. Only consider longs if $160 is reclaimed with volume.
good news #upcoming