$SOL USDT 4H Chart Signal ๐
Solana is currently trading at 105.42 and has shown a strong +2.97% upward move in the last 24h. It bounced from 102.11 and moved straight up to 107.07, then saw a slight pullback; this looks like healthy profit booking, not weakness.
RSI(6) is at 72.56, showing a short-term overbought zone, while RSI(14) is stable at 62.54, meaning the bigger trend is still bullish, with only some short-term cooling. MACD is also in positive territory (DIF 0.61, MACD 0.33), so momentum is on the buyers' side.
Volume has been a bit lower in the last candles, so entering fresh right away could be risky. If the 105 support holds, the next push toward 107+ is possible; otherwise, a retest of the 102-103 zone may happen.
โ ๏ธ This is only chart analysis, not financial advice; trade with your own research and risk management.
$CATI #ZECHitsANewAllTimeHigh #LululemonTumbles20%OnWeakGuidance
Solana is currently trading at 105.42 and has shown a strong +2.97% upward move in the last 24h. It bounced from 102.11 and moved straight up to 107.07, then saw a slight pullback; this looks like healthy profit booking, not weakness.
RSI(6) is at 72.56, showing a short-term overbought zone, while RSI(14) is stable at 62.54, meaning the bigger trend is still bullish, with only some short-term cooling. MACD is also in positive territory (DIF 0.61, MACD 0.33), so momentum is on the buyers' side.
Volume has been a bit lower in the last candles, so entering fresh right away could be risky. If the 105 support holds, the next push toward 107+ is possible; otherwise, a retest of the 102-103 zone may happen.
โ ๏ธ This is only chart analysis, not financial advice; trade with your own research and risk management.
$CATI #ZECHitsANewAllTimeHigh #LululemonTumbles20%OnWeakGuidance
