$SOL
Based on the SOL chart analysis (Solana), I see:
Technical analysis:
Price is in a correction trend after reaching the peak of 245
EMA 20 & 50 are flat and showing negative divergence signs
RSI is in the 41-42 zone, indicating neutral but weakening
Trading volume is low and decreasing
MACD cuts down the signal line, generating a sell signal
Trading scenario:
Positive scenario:
Price holds the support zone of 230
Recovery target: 240-245
Stop loss if breaking 225
Negative scenario:
Breaks 230
Target: 220-225
Do not open new positions when breaking support
Recommendation:
If holding:
Place trailing stop at 225
Possible Take partial profits if you have them
Do not buy the bottom further at this stage
If you do not have a position yet:
Wait for a test of the 230 support zone and a positive reaction
Or wait for a breakout of 245 to confirm the uptrend continues
Tightly manage risk