$SOL Range Bound Structure Persists Amid Mixed Moving Average Signals

$SOL trades at 104.76 USD, up 1.1% over the past 24 hours, with 4H RSI at 50.4 (neutral).

While upward movement developed over the past twenty-four hours, price remains bounded by support and resistance with mixed moving averages. Momentum on the four-hour relative strength index stays neutral until an established boundary gives way.

TECHNICAL READ
▪️ Momentum: 4H RSI 50.4 sits in the neutral zone
▪️ Trend filter: EMA 20 is below EMA 50, and price is above EMA 20
▪️ Range: price is 2.6% below the range high and 4.3% above the range low

WHAT WOULD SHIFT THE BIAS
▪️ A 4H close above 107.44 USD (bullish shift)
▪️ A 4H close below 100.43 USD (bearish shift)

WHAT KEEPS IT RANGE-BOUND
▪️ Closes continuing to rotate between 100.43 and 107.44 USD
▪️ No decisive 4H close outside either edge

Will support or resistance break first given the neutral four-hour momentum?

Not financial advice. Always DYOR.
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