$SOL #BinanceAlphaPoints $SOL

## Analysis of Candlestick Patterns

* **[Around 07-04 18:00]** Appearance of a **sharp decline** pattern at approximately level 151 - strong bearish signal with high trading volume

* **[Around 07-04 19:30]** Formation of **consecutive bearish candles** in the 148-145 range - continuation of the downward trend - medium strength signal

* **[Around 07-04 21:00]** Appearance of a **hammer pattern** at price 145.105 - signal of exhausted selling pressure and potential reversal - strong signal

* **[Around 07-04 22:45]** Formation of **consecutive green candles** with gradual rise - beginning of a short-term upward trend - medium strength signal

* **[Last candles]** Appearance of a **doji candle** near 147.655 - market indecision and potential change in direction - weak signal

## Technical Indicators Analysis

* **Moving Averages**: EMA7 (147.584) and EMA30 (147.339) are close together indicating a short-term volatility state

* **MACD Indicator**:

- Positive MACD value (0.112)

- DIF line (0.149) is above DEA line (0.037)

- Histogram is green indicating short-term upward momentum

* **RSI Indicator**:

- RSI(6): 57.4 - in neutral zone with upward bias

- RSI(12): 56.15 - in neutral zone

- RSI(24): 49.77 - near equilibrium zone

## Identifying Support and Resistance Levels

* **Resistance Levels**:

- First resistance: 148.9 (previous trading concentration area)

- Main resistance: 150.4 (previous tested level)

- Strong resistance: 153.8 (highest price in the specified period).