Current Price: **$126.95** (-1.57%)

#### **Technical Overview:**

1. **Price Action:**

- SOL dropped from a recent high of **$138.13** and tested the support at **$120.00**, where it found buying momentum and bounced back to the current level.

- Price is now near the **EMA(7)** of **$126.80**, indicating slight upward pressure, but still below **EMA(25)** and **EMA(99)**, which suggests potential resistance ahead.

2. **Exponential Moving Averages (EMA):**

- **EMA(7): $126.80**

- **EMA(25): $127.01**

- **EMA(99): $129.90**

SOL is trading just above the short-term EMA but below the medium and long-term EMAs. This suggests a potential reversal might occur if it crosses these levels, but the trend remains weak for now.

3. **MACD (Moving Average Convergence Divergence):**

- **DIF:** -0.50

- **DEA:** -0.94

- **MACD Histogram:** 0.44 (slightly bullish)

The MACD shows a weak bullish signal as the histogram turns positive, indicating some buying momentum. However, the overall signal is still fragile, and a clearer upward trend is yet to form.

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

- **RSI(6): 56.62**

The RSI is in the neutral zone, leaning slightly bullish but far from being overbought. This indicates there’s room for further upward movement before hitting resistance.

5. **Stochastic RSI:**

- **Stochastic RSI:** 95.10

- **MA Stoch:** 98.07

The Stochastic RSI is in the overbought zone, which means that SOL is likely due for a pullback or consolidation in the short term. This could limit the immediate upside.

#### **Conclusion & Predicted Value:**

- **Short-Term Outlook (1-2 days):**

SOL is likely to face resistance around **$127-$129**, where the EMA(25) and EMA(99) lie. If it can break above **$129.90**, we could see a push towards the **$132-$135** range. However, given the overbought signals on the Stochastic RSI, there’s also a possibility of a retracement towards **$122-$125** before attempting another move upward.

- **Predicted Value (Short-Term):** **$130-$132** if the bullish momentum continues, but it may face consolidation or retracement towards **$122** if buyers fail to push past resistance.