According to the current technical analysis of Solana (SOL) on the 4-hour time frame using the RSI and MACD indicators:

1. Relative Strength Index (RSI):

The RSI is currently trading in a neutral zone, near the 50 level, indicating a balance between the selling and buying forces with no clear indications of overbought or oversold conditions. Any rise above 70 or a decline below 30 could signal potential reversals.

2. MACD:

The MACD line is close to the signal line, with a sideways movement, reflecting the weakness of the momentum in the current trend. If we see a bullish crossover (MACD above the signal line), it could be a positive signal for the price to rise. A bearish crossover could indicate an additional decline.

3. General Trend and Outlook:

The price is showing a sideways movement with nearby resistance at $240 and strong support at $220. A break above or below these levels could boost the momentum in either direction.

For traders, it is recommended to monitor any changes in the mentioned indicators in conjunction with market-moving news to make informed decisions. You can follow the live chart $SOL