SOLUSDT — Technical Analysis

$SOL USDT

🔍 Technical Analysis (12H):

1. Current trend: Bearish. $SOL (~136.37) has been rejected and is trading below the EMA(7) (~137.45) and EMA(25).

2. Supports and resistances:

• Support: ~121.02 (Key minimum).

• Resistance: ~137.50 (EMA 7) / ~147.00.

3. Volume: Low in the attempts to rise.

4. MACD: The histogram is losing bullish strength, suggesting that the bounce is fading.

✅ Conclusion:

Solana shows technical weakness. By losing the EMA(7), selling pressure increases. The path of least resistance seems to be downward, to re-test 121.

📈 #SOL #Solana #Crypto #BinanceSquare #AnalisisTecnico

SOL
SOLUSDT
132.28
-4.49%