#btc For btc, the market is currently in a "resistance test" phase, and if a strong rejection candle does not appear this week, then an upward movement is more likely. However, if the price loses the 92,000 level again, we will probably see 89,000.
Through the image, we observe the following to analyze the movement of the SOL/USDT currency:
Current Status:
Current Price: 150.57 USDT.
Percentage Change over 24 Hours: +4.38%.
Highest Price in 24 Hours: 154.21 USDT.
Lowest Price in 24 Hours: 143.46 USDT.
Moving Average (5 Days): Close to the current price (326K).
Technical Indicators:
MACD: Negative (-0.36), negative crossover between DIF and DEA.
Stochastic RSI: At 7.77, which is a selling overbought area, indicating a potential upcoming bullish reversal.
Vol: There is an increase in trading volumes, which may indicate an upcoming volatility.
Support and Resistance:
Strong Support: Around 150 and 143.5 USDT.
Immediate Resistance: 154.2 USDT.
Current Recommendation:
The real-time analysis indicates relative calm after a downward wave from the peak of 154.2.
If the price holds above 150 with an improvement in the RSI, there may be a short entry opportunity targeting 153~154.
If it breaks below 150, it's better to wait for a rebound from the 147~143 area before considering buying.
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