Coin name- #SOLUSDT
Signal type- Long
The SOL 4-hour chart shows a descending wedge formation, a bullish reversal pattern. RSI at 53.28 indicates neutral momentum, while the overbought Stochastic RSI suggests a potential short-term pullback. A breakout above $195 could confirm bullish continuation targeting $210. Key support lies near $185, maintaining a bullish long-term structure.
The BTC 4-hour chart shows consolidation near $94,500 after a strong uptrend. The RSI hovers around oversold levels, suggesting a potential bounce, while stochastic RSI is in overbought territory, indicating short-term caution. Support at $94,000 remains critical, and a breakout above $96,000 could confirm bullish continuation. Long-term sentiment stays bullish.
The BTC Dominance chart reflects bearish sentiment, with rejection near the resistance zone at 57.76%. RSI near oversold levels suggests potential for a short-term bounce, while stochastic RSI indicates a lack of momentum. Key support lies at 57.20%. A breakdown below support could lead to further downside.
The TOTAL3 chart shows consolidation near $955B, with rejection from resistance at $1.13T. RSI at 51.74 indicates neutral momentum, while the overbought Stochastic RSI suggests short-term exhaustion. A breakdown below $950B may trigger further bearish pressure, while reclaiming $1T could restore bullish momentum. Overall, short-term sentiment remains cautious.
Entry Price- 193
T/P- 195
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