💥 SOL (Solana) rejected at $153 — back below key moving averages.
📊 [Daily Chart – SOL/USDT]
• Current price: $146.10 (−3.49%)
• RSI(6): 44.77 → neutral zone, showing fading momentum
• Volume: declining → confirms short-term buyer exhaustion
• EMAs:
↪ EMA7: $149.01 ❌ (price below)
↪ EMA25: $149.15 ❌ (also above the price)
↪ EMA99: $153.81 ❌ (major resistance)
🧠 What the chart tells us:
After testing $153.88, SOL hit strong resistance and dropped back below the 7 and 25-day EMAs.
RSI at 44 signals cooling momentum, and today’s candle confirms weakness and indecision.
🧭 Key zones to watch:
• Support levels: $145.22 (daily low) and $140
• Immediate resistance: $149 (EMA25 + EMA7 zone)
• Breakout target: $153.80 (EMA99) → needs volume confirmation
📌 Current outlook:
SOL is ranging within a choppy structure between $140–$153.
It hasn’t broken down — but it also hasn’t reclaimed a bullish trend.
🔹 A potential DCA opportunity for long-term holders if $140 holds
🔹 Swing traders may prefer to wait for a clean breakout above $153 with volume
Technical summary:
☑️ Short-term support still holding
⚠️ Price rejected from all key EMAs
🔸 Weak volume = weak conviction
⏳ Caution for traders — patience might pay off here
📎 This is not financial advice — just a technical read for educational purposes.
