⚡ URGENT TECHNICAL ANALYSIS: The Turning Point of SOLANA at $145
Solana ($SOL) is at a critical crossroads during the peak of the U.S. session. The current price, hovering around $143.50, struggles to reclaim the $145 mark. This is the battle that will define its short-term trend.
🔍 Crucial Levels and Market Structure
Key Resistance (Long): Immediate resistance is at $145.50. This level acted as support in the last 4 hours and is now a ceiling. A clean break above $145.50, confirmed with volume, could propel SOLANA towards $150.
Vital Support (Stop-Loss): Critical support is in the $142.00 - $142.50 zone. Losing this support would put SOLANA at risk of a deeper correction towards the 20-day Exponential Moving Average (EMA), near $140.50.
📊 Momentum Indicators (4h Analysis)
RSI: Stays near 45, indicating that selling pressure is dominant, but capitulation is not yet over. If the RSI falls below 40, the correction will intensify.
MACD: The MACD line is below the signal line and the histogram shows red bars, confirming that bearish momentum has been in control since last night.
💡 Strategic Conclusion
$SOL is in a high-tension distribution phase. Traders should be cautious. The safest action is to wait for a decisive break of $145.50 to open a long (buy), or position for a short (sell) if it loses support at $142.00.
