$SOL

From the attached image, you can observe the following to analyze the market trend and points of support and resistance:

1. **General market trend**:

Candlesticks indicate a clear upward trend, as prices are increasing regularly.

- Exponential Moving Indicators (EMA) also indicate an upward trend, as EMA(7), EMA(25) and EMA(99) are increasing regularly.

2. **Support points**:

- 121.00: It was a strong support point from which the price bounced earlier.

- 144.11: This point was another important support level from which the price also bounced.

3. **Resistance points**:

- 193.98: This point represents current resistance, as the price recently reached it and rebounded from it.

- 197.63: It may be the next point of resistance if the uptrend continues.

4. **Relative Strength Index (RSI)**:

- The RSI value is high (75.80), which indicates that the market may be in an overbought area, and a price correction may follow.

5. *MACD indicator**:

- The MACD line is higher than the Signal Line and this reinforces the upward trend.

- The difference (DIF) is positive which indicates positive momentum in the market.

# a summary:

-The general market trend**: bullish.

-*Support points**: 144.11 and 121.00.

-*Resistance points**: 193.98 and 197.63.

*Overbought Indicators (RSI)**: The market may be in an overbought zone, which means a correction may occur.

Therefore, traders should carefully monitor support and resistance points and look for potential reversal or trend continuation signals before making trading decisions.#solana