$SOL/USDT 🔥📈

Solana (SOL)

Price: $151.79

+0.66% (1D TF)

Technical Analysis Snapshot

📊 Trend: Bullish Reversal Detected (Daily TF) 🔄

📌 Entry Zone: $149.50 – $152.00

🎯 Target 1: $158.50

🎯 Target 2: $167.00

🛑 Stop Loss: $147.30

💡 Analysis Insight:

EMA Structure:

Price just reclaimed the EMA(50) at $151.40, signaling a potential trend reversal.

EMAs (9, 20, and 50) are starting to converge upward, forming a bullish base.

Volume:

Daily volume is gradually increasing. A strong breakout candle with volume above average could confirm bullish momentum.

RSI(6):

Currently at 64.24 – bullish momentum is gaining but not yet overbought, meaning there’s still room for upward movement.

MACD:

No bullish crossover yet, but histogram is narrowing, suggesting bearish pressure is weakening. A crossover could confirm the next leg up.

Support & Resistance Levels:

Key Support: $149.36 (24h low), $145.72 (EMA9)

Key Resistance: $154.21 (EMA100), $159.66 (EMA200)

🔍 Conclusion:

As long as SOL holds above $149, and breaks through $154.21, it’s likely to rally toward the $158–$167 zone. Watch for a clean break above EMA100 with volume – that would be a strong bullish signal. Failure to hold $147.30 invalidates this setup.