đLONG: $SOL (4H)
#SOLUSDT | #SOL | #Solana
Current Price $130.54
Market Cap $61.02B
Change 1h -2.11% | 24h -3.25%
4-Hourly Indicators:
âą RSI: 46 - Neutral đ
âą MACD: -1 - Bearish đŽ
âą EMA: 132 - Below đŽ
Analysis:
SOL is consolidating around a crucial demand zone at $131.46. The price is trapped within a descending channel, and strong support has been respected multiple times. Bulls need a break above internal resistance to push the price past $136.
Price Targets:
If SOL breaks above $136, expect a rally towards $148 and possibly $156. However, if the price drops below the support at $131.46, a bearish move could lead to $124 or even $118. The next move is crucial in determining SOL's direction.
