📢 Technical Analysis for Currency $SOL – 4-Hour Frame
🔸 The price has broken the cloud and the 20 and 50 moving averages = Clear selling pressure
🔸 The 200 moving average is currently forming potential support at 172
🔸 The RSI indicator is in the oversold areas = We might see a short rebound
📌 Trade Type: Spot – Spot
🎯 Positive Scenario:
– In case of a rebound from 172 and stability above 180.50
– Targets: 185 – 191 – 198
❌ Negative Scenario:
– In case of a clear break below the 172 level
– Targets: 165 – 158 – 150
📌 Note: We will monitor price behavior at 172; if a strong rebound occurs with volume, it could be an entry opportunity.
⚠️ Disclaimer: This analysis is for educational purposes only and does not represent financial advice