The price has bounced upward after a slight drop, showing buying strength near the support of 99,000 USDT.
🧠 2. Exponential Moving Averages (EMA)
EMA(7): 103,316.12 (short)
EMA(25): 104,557.23 (medium)
EMA(99): 99,340.45 (long)
🔹 Currently, the price is above the 3 EMAs, which is a bullish signal. 🔹 The positive crossover between EMA(7) and EMA(25) indicates that there could be a bullish continuation if the momentum is maintained.
💪 3. RSI (Relative Strength Index)
RSI(6): 55.54
This indicates that the market is neutral with a slight bullish bias. There is still room to rise without entering overbought territory (which occurs from RSI > 70).
📉 4. MACD
MACD: -516.32
DIF: -598.26
DEA: -81.94
Although it is in negative territory, it is noticeable that the MACD is approaching the signal line (DEA), which could anticipate a trend change to positive if it crosses upward.
The current price (100,034 USDT) is below the short and medium-term EMAs (7 and 25), indicating bearish pressure. It is only slightly above the EMA(99), which acts as the last support.
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🔻 Key indicators
✅ RSI(6): 18.94 (Extremely oversold)
The RSI at this level indicates a possible short-term technical rebound opportunity, as it is well below 30, but does not guarantee a sustained rise.
✅ MACD: Negative
The MACD (-802.41) and its signal (DEA: 223.84) show a clear negative divergence, suggesting that selling pressure continues to dominate.
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📊 Volume
The 24h volume is high (29,518 BTC), suggesting strong market interest, though not necessarily bullish. If the volume is accompanied by red candles, it confirms the weakness.
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🧠 Technical conclusion:
Aspect Signal
EMA Trend Bearish RSI Possible rebound MACD Negative Volume High, but without clear reversal
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🔮 Will it go up or down?
Short-term probability (1-3 days): 📉 Higher probability of continuing to decline or consolidating sideways in the 99,000 - 98,000 USDT range, unless there is a brief technical rebound due to the very low RSI.
Key level to watch:
If it loses 99,211 (EMA99): risk of falling to 94,700 or even 88,500 USDT.
If it recovers 104,000: could resume rising towards 107k or more.
$SOL In my daily chart, it continues to rise $SOL It is important to understand the game in order to become a trader and learn from the advice of the best. Leave your advice, opinion, or comment and let's build a community $SOL .
$SOL . Solana after several days of rising hits a ceiling and stabilizes, around 138 and 154, taking a break, for a retracement and to continue rising. I recommend that the time to buy $SOL has come and not to miss these bullish weeks. Listen well, bullish week, buy buy $SOL .
#solana continues on its bullish week on the way to the moon and I am on that ship, and those who got off lost their opportunity. # sun bounced back with strength and those who sold for seeing hourly or daily charts lost their opportunity, although they are still on time for a second stop at 152. to continue their way to the moon friends.
The sun has started its retreat to regain strength and take off after such a long time being over 100, do not despair, hold on to your solana so you don't get left behind.