๐จ SOL | Technical Analysis 1H
๐ 21:52 (current 23.20)
๐ฐ Price: 85.27
๐ Bollinger: 87.01 / 85.08 / 83.15
๐ RSI(6): 54.7 โ neutral zone
๐ Volume below average โ momentum is weakening
๐ Structure
After the minimum of 82.40, the market gave momentum to 87.31, then went into consolidation.
Now the price is at the middle line of Bollinger โ balance zone.
There is no overheating, but there is also no aggressive volume accumulation.
๐ข Growth scenario โ 52%
Holding 85 and breaking above 86
โ repeat test 87.0โ87.3
โ upon breakout, possible continuation of movement
๐ด Decline scenario โ 48%
Loss of 85
โ movement to 83.5โ83.2
โ increased pressure with rising seller volume
โ๏ธ Conclusion
SOL has exited local pressure and is now in a phase of balance.
Momentum is fading, the market is waiting for new volume.
Key zone โ 85.
It is the reaction to it that will determine the further direction.
#solana
๐ 21:52 (current 23.20)
๐ฐ Price: 85.27
๐ Bollinger: 87.01 / 85.08 / 83.15
๐ RSI(6): 54.7 โ neutral zone
๐ Volume below average โ momentum is weakening
๐ Structure
After the minimum of 82.40, the market gave momentum to 87.31, then went into consolidation.
Now the price is at the middle line of Bollinger โ balance zone.
There is no overheating, but there is also no aggressive volume accumulation.
๐ข Growth scenario โ 52%
Holding 85 and breaking above 86
โ repeat test 87.0โ87.3
โ upon breakout, possible continuation of movement
๐ด Decline scenario โ 48%
Loss of 85
โ movement to 83.5โ83.2
โ increased pressure with rising seller volume
โ๏ธ Conclusion
SOL has exited local pressure and is now in a phase of balance.
Momentum is fading, the market is waiting for new volume.
Key zone โ 85.
It is the reaction to it that will determine the further direction.
#solana