📉 SOL/USDT Daily Analysis — Pullback in Progress, Support Zones in Sight

Solana is currently trading at 174.88 USDT, down -4.36% on the day. After recently peaking at 206.44, SOL is undergoing a healthy correction, now testing key support levels near its EMA cluster.

🔍 Trend & Structure:

- EMA(34): 171.712

- EMA(89): 164.679

- EMA(146): 163.341

- EMA(200): 163.426

Despite the pullback, SOL remains above all major EMAs, indicating the broader uptrend is still intact. Price is approaching the break-even zone at 179.584, which may act as short-term resistance.

📊 Momentum Indicators:

- MACD: Flat (DIF 1.574 ≈ DEA 1.571, MACD 0.003) → momentum neutral

- RSI(6): 50.13 — mid-range, no clear bias

MACD shows a loss of momentum, and RSI near 50 suggests indecision — neither overbought nor oversold.

🔧 Volume & Participation:

- Volume: 28.7M — decent but not accelerating

- MA(5): 22.6M

- MA(10): 20.6M

Volume is steady, but not strong enough to confirm a reversal yet.

📌 Key Levels:

- Resistance: 179.584 → 206.44

- Support: 171.71 (EMA34) → 164.68 (EMA89) → 145.79 (recent low)

If SOL holds above the EMA(34), it may stabilize and attempt a rebound. A break below 164.68 could trigger deeper correction toward 145.79.

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⚖️ Summary:

- ⚠️ Pullback underway, momentum neutral

- ✅ Trend still bullish above EMAs

- 🔍 Watch RSI and MACD for signs of reversal or continuation

Let price action guide your next move — patience is key in volatile zones. 📊🧠

#SOL #solana #SOLUSDT

$SOL