$SOL

๐“๐ž๐œ๐ก๐ง๐ข๐œ๐š๐ฅ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐Ÿ ๐’๐Ž๐‹/๐”๐’๐ƒ๐“

The chart shows SOL/USDT trading at $131.17, down 5.20% in 24โ€ฏh. The price is near the 24โ€ฏh low of $129.00 and the high was $142.57. Volume is 5.30โ€ฏM SOL (โ‰ˆ $718.92โ€ฏM USDT).

๐Š๐ž๐ฒ ๐“๐ž๐œ๐ก๐ง๐ข๐œ๐š๐ฅ ๐ˆ๐ง๐๐ข๐œ๐š๐ญ๐จ๐ซ๐ฌ

- EMA(7) = 131.46 โ†’ shortโ€‘term trend is weakening.

- EMA(25) = 134.04 โ†’ mediumโ€‘term support broken.

- EMA(99) = 135.37 โ†’ longโ€‘term trend still above current price.

- RSI(6) = 32.76 โ†’ nearing oversold territory, possible bounce.

- MA(5) = 89,925.429 & MA(10) = 192,970.644 (volumeโ€‘based moving averages).

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ง๐ญ๐ข๐ฆ๐ž๐ง๐ญ

The candlestick pattern shows a bearish move with red candles breaking below EMAs, indicating selling pressure. However, the low RSI suggests the asset may be undervalued, creating a potential reversal zone.

๐๐ฎ๐ฒ๐ข๐ง๐  ๐™๐จ๐ง๐ž

Set a buy order between $129.00 โ€“ $130.00 if:

1. RSI climbs above 35 and forms a bullish divergence.

2. Price closes above EMA(7) with increased volume (> 40โ€ฏK).

3. Market news supports Solana ecosystem growth.

๐’๐ž๐ฅ๐ฅ๐ข๐ง๐  ๐™๐จ๐ง๐ž

Set a sell order between $134.50 โ€“ $136.00 if:

1. Price breaks above EMA(25) and sustains.

2. RSI moves into neutral (40โ€“50) indicating momentum shift.

3. Volume spikes confirm breakout..

๐”๐ฌ๐ž๐Ÿ๐ฎ๐ฅ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ

SOLโ€™s current dip offers a tactical entry for swing traders who monitor EMA crossovers and RSI for reversal confirmation. Combining volume analysis with EMA bands helps filter false breakouts.

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