$SOL 🚨🚨🚨 Detailed Solana Analysis (SOLUSDT) - 4 Hour Time Frame ⏳⏰🔴🔴🔴🚨#SolanaUSTD

SOLANA ⏳4-HOUR Chart Analysis🚨🚨🚨

Support and Resistance Overview:

• Current Price: $138.46

• Recent Trends:

• Trend on 50 Bars: Downtrend with a -28° angle

• Trend on 100 Bars: Downtrend with a -33° angle

• Trend on 150 Bars: Downtrend with a -20° angle

• Trend on 200 Bars: Downtrend with a -17° angle

Key Levels Identified:

• Downtrend Levels:

• $163.393 with a 15° angle and 18.08% distance (Strong)

• $147.488 with a 33° angle and 6.59% distance (Strong)

• Uptrend Level:

• $125.94 with a 3° angle and 8.98% distance (Weak)

Technical Indicators:

• Trend Line (TL) Strength:

• $163.393: 3.38 (Strong)

• $147.488: 3.1 (Strong)

• $125.94: 2.08 (Weak)

Analysis:

Solana’s 4-hour chart indicates a strong downtrend across various time frames, with significant resistance levels identified at $163.393 and $147.488. The support level at $125.94 appears weak, indicating potential for further downward movement unless significant buying pressure emerges.

Conclusion:

SOL is currently in a strong downtrend phase. Traders should monitor resistance levels at $163.393 and $147.488 for potential selling opportunities, while keeping an eye on the weak support at $125.94 for any signs of a reversal.

Stay informed and trade carefully!

Note: Always conduct your own research and consider consulting with a financial advisor before making any trading decisions.#Solana_Blockchain #solanAnalysis #altsesaon #altcoins $SOL