📊 $SOL 4H Technical Analysis
Price: $204.26 (+2.94%)
Amplitude: 3.28%
Vol: 891.259
🔑 Key Points:
SOL shows strong recovery after December correction. From November's high of $264, price found support in $180s. Recent break above MA cluster signals potential trend reversal. Important to note this is first time trading above MA99 since early December, with increasing volume supporting the move.
📊 MAs:
MA7: $192.87
MA25: $192.9
MA99: $195.28
Levels:
Support: MA cluster $192-195
Resistance: $210-220 zone
Outlook: Bullish on 4H as long as price holds above MA cluster. SOL showing relative strength in current market.
