Bollinger Bands are compressed to 1.6%. RSI 80.6 is still hanging above as well—I've only seen this combination once, back in June last year.
At 74.84, it's 29 points above the MA5. The MACD is bullish, but the DIF is only 0.046, and the momentum is a bit soft.
Trading volume is 53 million, just 0.8x the average volume. It's grinding upward on decreasing volume while pressing into overbought conditions.
Support to watch is 73.56—that's the 24h low and also a dense S2 zone. If it breaks, it could trigger a pullback to test the MA20.
Resistance is at 76.13. That's the prior high plus the upper band of the Bollinger Bands. Without volume, it won't get through.
My plan: wait for a pullback around 74.2 to enter—if the MA5 keeps curling upward, I'll hold; if it breaks 73.4, I'll admit I'm wrong. If it bounces up to 76.1, I'll trim half.
Overbought doesn’t mean it will drop immediately. The biggest fear in a low-volume consolidation is a sudden breakout down on a volume surge that smashes through.
Is your cost basis the same as mine, around 73.5?
Let's see again once the opening volume is more than 1.2.
#$SOL #早盘 #行情分析 #crypto circle
At 74.84, it's 29 points above the MA5. The MACD is bullish, but the DIF is only 0.046, and the momentum is a bit soft.
Trading volume is 53 million, just 0.8x the average volume. It's grinding upward on decreasing volume while pressing into overbought conditions.
Support to watch is 73.56—that's the 24h low and also a dense S2 zone. If it breaks, it could trigger a pullback to test the MA20.
Resistance is at 76.13. That's the prior high plus the upper band of the Bollinger Bands. Without volume, it won't get through.
My plan: wait for a pullback around 74.2 to enter—if the MA5 keeps curling upward, I'll hold; if it breaks 73.4, I'll admit I'm wrong. If it bounces up to 76.1, I'll trim half.
Overbought doesn’t mean it will drop immediately. The biggest fear in a low-volume consolidation is a sudden breakout down on a volume surge that smashes through.
Is your cost basis the same as mine, around 73.5?
Let's see again once the opening volume is more than 1.2.
#$SOL #早盘 #行情分析 #crypto circle