#BTCHashratePeak Looking at your SOL/USDT daily chart:
1. Trend & Moving Averages (EMA)
EMA 7 (177.60) is above EMA 25 (174.00) and EMA 99 (164.37) — a short-term bullish signal.
Price (182.66) is also above all these EMAs, suggesting buyers are in control for now.
2. Support & Resistance Levels
Immediate resistance: ~186.80 (24h high) and then ~196.18–206.30 (previous peak).
Immediate support: ~177.60 (EMA 7) and stronger at ~174.00 (EMA 25).
3. MACD
MACD (0.49) has crossed above the signal line, which is a bullish sign.
Histogram is slightly positive, showing momentum shifting to the upside.
4. Volume
Buying volume has recently picked up, though it’s not extremely high — suggests moderate bullish pressure.
5. Summary
Bias: Short-term bullish, but approaching a resistance zone near 186–190.
If SOL breaks and holds above 186.80 with strong volume, it could retest 196–206 levels.
If it fails, a pullback toward 177–174 is likely.
If you want, I can also give you a next 2–3 days price range prediction based on this chart’s momentum and support/resistance.