Current price: 183.29$ 🔻 .
🔥 Quick Technical Overview: $SOL
- Resistance: 184.92$, then 187.82$.
- Support: 181.29$, then 178.66$.
- Indicators:
- RSI at 30.9 (Short-Term Oversold) 📉 .
- All moving averages indicate strong sell (12 sell signals).
- A false breakout below 181.29$ may enhance the chance of a quick rebound.
🎯 Daily Trading Recommendations:
1. Entry Points:
- Buy at: 181.29$ (Support Test) or break 184.92$ with an hourly close above it ✅.
2. Profit Targets:
- Level 1: 184.92$ (Quick Profit Taking) 💰.
- Level 2: 187.82$ 🚀.
3. Stop Loss: 178.66$ (Capital Protection) ⛔ .
> 💡 Immediate Forecast:
> SOL's success in maintaining a price above 184.92$ may open the door for a rise towards 190$ with the support of institutional ETF flows. However, failure and breaking below 178.66$ reinforces the drop to 175$.
❓ In conclusion:
"Do you think Solana will benefit from the oversold condition to bounce back above 185$ today? Share your predictions! 👇"
