📊 CURRENT OVERVIEW
• Current Price: $150.21 (+2.43%)
• 24h High: $152.70
• 24h Low: $145.61
• 24h Volume (SOL): 2.44M
• Key Resistance (short-term): $151.62 (Upper Bollinger Band)
• Immediate Support: $148.16
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🔍 TECHNICAL ANALYSIS – 4H TIMEFRAME
1. Bollinger Bands
• Price is right below the Upper Band ($151.62) → Indicates near overextension.
• Middle Band (MB): $144.77
• Lower Band (DN): $137.92
➡️ Bollinger Bands are widely expanding, confirming increased volatility and active trend.
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2. RSI
• RSI(6): 72.33 → In the overbought zone → Caution for possible short-term pullback.
• RSI(12): 65.80 → Still bullish
• RSI(24): 58.70 → Moderate strength
➡️ RSI is strong but peaking → A short-term consolidation or correction is likely.
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3. Volume & Moving Averages
• Recent volume candle: 167K → Not a major spike, but healthy.
• MA(5): 352,171 < MA(10): 407,072 → Slightly bearish crossover → Warning for weakening short-term momentum.
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🔮 NEAR-TERM SCENARIOS
✅ Bullish Continuation (if breakout resumes)
• If SOL breaks and holds above $152.70:
• Next target: $155 → $158
• RSI(12) needs to stay above 65 with strong volume
⚠️ Pullback Scenario
• If SOL fails to break $152.7 and closes below $148.1:
• May retrace to $144.7 (middle BB) or deeper to $142
• RSI(6) cooling from 72 is the first sign of this happening
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📌 TRADING PLAN
Position Condition Target Stop Loss
Long Break and close above $152.7 + high volume $155 – $158 $148.5
Short Rejection at $152.7 + RSI divergence $145 – $144.5 $153.2
