Analysis for $SOL
- The current price is around the level of 194.62, indicating a possible resistance zone. The next significant level is at 0.5 (192.38) as support and, below, the 0.618 (190.15) could act as important support if there is a pullback.
- The MACD shows a slight positive slope, with the MACD line (blue) above the signal (orange), suggesting a short-term bullish trend. However, if the lines begin to converge or cross downwards, we could see a correction towards the support levels.
Possible figures:
- Double top: If the price attempts to break the resistance at 195.15 and fails, a double top could form, indicating a bearish reversal.
- Triangle: If the price does not immediately break and consolidates in a resistance zone, we could be forming a triangle, which precedes a breakout (upward or downward).
Possible scenarios:
- Bullish scenario: If the price forcefully breaks the resistance at 195.15, we could see a move towards 200 or even 205, which is another relevant level.
- Bearish scenario: If the price does not surpass this zone, we could see a pullback towards 192.38 or 190.15, the next key levels.