SOLUSDT — Technical Analysis (12H)
$SOL #TrendTradingStrategy #solana
🔍 Overview: Solana (~127.24) suffers a severe bearish breakout, losing all its dynamic supports.
1. Trend: The price has collapsed below the EMA(7) (~131.83), the EMA(25) (~136.52), and the EMA(99) (~137.27). The bearish crossover of the EMAs confirms the change in trend in the short/medium term.
2. Resistance: The former support zone between $131 - $137 (where the EMAs are now) becomes a strong resistance.
3. Support: The recent local minimum around $123.42 is the next visible structural support.
4. MACD: The histogram is a deep red and is expanding, indicating very strong selling pressure.
⸻
✅ Conclusion:
The bullish structure of $SOL has been broken. The loss of the EMA(99) is a very negative signal. Any bounce towards $130 is expected to be sold, with the risk of testing $123.
📉 #Crypto #AnalisisTecnico #SOL
