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Coin name-
#SOLUSDT! Signal type- Long
The chart for SOL/USDT indicates a bearish sentiment. The price has broken below the EMA ribbon, signaling weakness, while MACD reflects bearish momentum with a negative crossover. RSI at 44 suggests weak buying pressure. A rebound above $140 is needed to regain bullish momentum; otherwise, further downside toward $120 is likely.
The chart for SOL/ETH shows a neutral to bearish trend. The price is below the EMA ribbon, indicating resistance, while MACD displays slight bullish divergence, suggesting potential recovery. RSI at 53 reflects indecision. A breakout above 0.058 could shift sentiment to bullish, while failure to hold support near 0.055 risks further downside.
Based on the chart provided, the current trend appears bullish due to price positioning above significant moving averages, Ichimoku cloud support, and EMA ribbons showing upward momentum. However, RSI shows a potential cooling-off phase, suggesting possible consolidation. The trend's continuation depends on breaking resistance zones near $96,000 and maintaining volume.
The chart indicates a neutral to slightly bearish sentiment. Price is below the key resistance and facing rejection at the EMA ribbon. RSI hovers near 50, showing indecision, while MACD suggests weakening bullish momentum. A break above the resistance or confirmation of support at $58 is crucial for trend direction.
The chart exhibits a bearish sentiment. Price is facing rejection at a significant resistance trendline while MACD shows negative momentum with a bearish crossover. RSI hovers below 50, reflecting weak buying pressure. The current consolidation risks further downside unless the price reclaims key resistance levels near $950 billion.
Entry Price- 185
T/P- 210
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$SOL