$SOL SOLUSDT H4 chart
$BTC $ETH
The main trend is still bearish: the price keeps making lower highs and lower lows since the 83 USD zone.
Currently, SOL is at 62.55 USD, sitting below the middle Bollinger Bands (MB ~65.4) and close to the lower band (62.7) → the bears are still in control.
RSI(6) ~32: near the oversold zone but no clear reversal signal yet.
Trading volume hasn’t surged significantly as the price retraced to the 65-66 USD area → buying pressure is still weak.
Support:
62.3 - 60.0 USD (the recent low around 60.03).
If it breaks below 60 USD, it could extend the drop to 57-58 USD.
Resistance:
64.5 - 65.5 USD.
Stronger at 68 USD (upper Bollinger band).
Short-term scenario:
Staying above 62 USD: a technical bounce to 64.5-65.5 USD is possible.
Losing 62 USD: the risk of a retest at 60 USD is quite high.
$BTC $ETH
The main trend is still bearish: the price keeps making lower highs and lower lows since the 83 USD zone.
Currently, SOL is at 62.55 USD, sitting below the middle Bollinger Bands (MB ~65.4) and close to the lower band (62.7) → the bears are still in control.
RSI(6) ~32: near the oversold zone but no clear reversal signal yet.
Trading volume hasn’t surged significantly as the price retraced to the 65-66 USD area → buying pressure is still weak.
Support:
62.3 - 60.0 USD (the recent low around 60.03).
If it breaks below 60 USD, it could extend the drop to 57-58 USD.
Resistance:
64.5 - 65.5 USD.
Stronger at 68 USD (upper Bollinger band).
Short-term scenario:
Staying above 62 USD: a technical bounce to 64.5-65.5 USD is possible.
Losing 62 USD: the risk of a retest at 60 USD is quite high.