📉 SOL/USDT – Technical Analysis (1H)
Current price: 127.49
Variation: +2.65%
@Solana Official #solana #sol $SOL
🔍 1. Moving Averages (MA):
• MA(7): 126.73
• MA(25): 125.96
• MA(99): 125.07
➡️ Interpretation:
The price is operating above all moving averages, which show a bullish alignment. The MA(7) acts as immediate dynamic support, confirming the strength of the upward trend in the short term.
📊 2. RSI (Relative Strength Index):
• RSI(6): 73.08 (Overbought)
• RSI(12): 63.70
• RSI(24): 57.89
➡️ Interpretation:
The RSI(6) has entered the overbought zone (>70), indicating strong buying pressure, but also warning of possible exhaustion or the need for a technical correction to relieve the indicator.
🔊 3. Volume:
• 24h Volume (SOL): 2.16 million
• 24h Volume (USDT): 272.17 million
➡️ Interpretation:
The financial volume is robust, supporting the recent rise. However, there is a slight decrease in volume in the last candles, which could suggest a consolidation phase near resistance.
🧱 4. Supports and Resistances:
• Immediate resistance: 128.56 (24h High)
• Immediate support: 126.73 (MA7)
• Critical zone: 123.40 (Recent Low)
⚠️ Technical Conclusion:
🔻 Trend: Bullish in the short term.
SOL presents a solid appreciation structure, but the stretched RSI indicates that the asset may find it difficult to break through $128.56 without first making a technical pullback.
✅ Likely Scenarios:
📈 Rise: Break of $128.56 with volume to seek new levels.
📉 Correction: Pullback to test the MA25 (~$126.00) if it loses buying strength.
