📊 SOL/USDT 4H | Technical Analysis
🔹 The main trend remains bearish, but the price found solid support at 60.13 USD.
🔹 After the bounce, SOL entered a consolidation phase between 60 and 66 USD, showing a loss of selling pressure.
🔹 The key area to break is between 65.3 and 66.5 USD, where several recent rejections and the EMA 20 align.
🔹 The RSI (41) has exited oversold territory, but it hasn't confirmed a trend reversal yet.
🎯 Bullish scenario: break above 66.5 USD → targets at 68, 70, and 73 USD.
⚠️ Bearish scenario: drop below 63 USD → potential return to 62-60 USD.
For now, the market seems to be building a base. The next breakout will likely define the movement for the upcoming days. 🚀📈
$SOL #BİNANCE #TradingCommunity #TechnicalAnalysis #SOLUSDT
🔹 The main trend remains bearish, but the price found solid support at 60.13 USD.
🔹 After the bounce, SOL entered a consolidation phase between 60 and 66 USD, showing a loss of selling pressure.
🔹 The key area to break is between 65.3 and 66.5 USD, where several recent rejections and the EMA 20 align.
🔹 The RSI (41) has exited oversold territory, but it hasn't confirmed a trend reversal yet.
🎯 Bullish scenario: break above 66.5 USD → targets at 68, 70, and 73 USD.
⚠️ Bearish scenario: drop below 63 USD → potential return to 62-60 USD.
For now, the market seems to be building a base. The next breakout will likely define the movement for the upcoming days. 🚀📈
$SOL #BİNANCE #TradingCommunity #TechnicalAnalysis #SOLUSDT