📊 Current Status Summary
Current price: approximately 138.99
Short-term movement: After a strong rise and peak formation, a gradual correction occurred with an attempt to rebound
Market condition: Selling pressure has declined, but a reversal has not yet been confirmed
👉 The market is currently in a phase of determining whether the correction has ended or if the rebound is temporary.
📉 Moving Average (MA) Structure
MA7 / MA25: After the recent drop, they have started converging → attempt at a short-term rebound
MA99: Highest price and acts as a medium-term resistance
Summary
Limited buying liquidity flow
Medium-term: Proceed with caution until MA99 (around 139.5 ~ 140) is breached
📐 View through Bollinger Bands
Confirmation of support near the lower range followed by a rebound
Currently attempting to return toward the middle line
Range expansion is limited → volatility remains relatively low
👉 There is a possibility of a short-term upward test, but strong reversal signals are currently insufficient.
📉 RSI Indicator Analysis
RSI (14): approximately 52
And entered a range between neutral and positive
Higher RSI bottoms → positive signal for a short-term rebound
🔑 Key Support and Resistance Areas
🟢 Support Zones
138.0 ~ 138.3
Important short-term support
136.5
Breaking it could restart the correction
🔴 Resistance Zones
139.5 ~ 140.0
Rebound resistance + MA99
141.0
A breach could strengthen the short-term reversal scenario
🧠 Strategy Summary
✅ Conservative approach
Monitoring the stability of support at the 138 level
In case of a clear rebound supported by increased trading volume
⚠️ Buy Attack Scenario (Long)
After breaking above 140 and holding above it
Targets: 141 → 143
In case of failure, quick exit is required
❌ Avoid buying at current levels
Risk-to-reward ratio is unattractive
Price is near resistance zones
🔚 Summary in one line
Solana is attempting a rebound after a short correction,
But before breaching the 140 level, the conservative approach remains the best option.
📌 Important Investment Notice
This analysis is for informational purposes only and should not be considered a buy or sell recommendation or guarantee of profits. Cryptocurrency markets are highly volatile and may result in financial losses. All investment decisions are the sole responsibility of the investor, and this content should be used as a reference only.