📊 SOL/USDT Analysis - 4H

#Solana #SOL #Binance #Crypto 🔵🔥

📉 Current Situation:

Solana is experiencing a clear correction after a recent high in the $200 area. Currently, the price is breaking below the EMA 200, which has historically marked structure changes in this timeframe. ⚠️

📍 Key Observation in the Stochastic RSI:

🟡 The stochastic RSI is currently in oversold territory (below 20), similar to moments in the past (like in mid-April and June), where technical rebounds occurred after reaching this zone.

🔁 In those previous cases, the oversold condition was followed by a bullish crossover that anticipated significant price increases.

💤 Currently, there is not yet a confirmed crossover, which indicates that the bearish momentum may extend a bit further before a possible rebound.

📌 Important Technical Level:

Relevant Support: $172–$170

Immediate Resistance: $180

🧭 Scenarios to Watch:

🔴 If SOL loses support at $170 strongly, it could head towards $160 or even $150 as the next key zone.

🟢 But if the stochastic RSI generates a bullish crossover in oversold territory, and the price recovers the EMA 200, a rebound towards $185–$190 can be expected.

🎯 Possible Strategy:

👀 Watch for confirmation in the stochastic before taking a position.

🔺 Suggested Entry: $176–$178 if there is a rebound

🎯 TP: $185–$190

🛑 SL: Below $170

📉 Weak trend but with potential technical rebound on the way if crossover in oscillator is confirmed

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