Sol update


Last peak: 213.6 → rejected and dropped

The Movers:

MA(7) = 207.2 ( above the price ) → short-term selling pressure

MA(25) = 203.5 ( very close to the price ) → first support

MA(99) = 200.1 → Stronger support if a downward break occurs

📊 Indicators:

RSI (6) = 41 → below 50 → downward trend, lost upward momentum

Stoch RSI = 11.8 → Entered a strong oversold zone → Likely to rebound soon

MACD = -0.43 with a negative crossover (DIF < DEA) → there is still downward pressure, but the bottom may be near

📌 Interpretation:

Short-term trend: Bearish after rejection from 213.6

We have an important support area around 203 – 200

If 200 is broken with a strong candle → it opens the way for levels 196 – 190

If it holds above 203/200 with an RSI rebound → it may test 208 → 210 again.

⚠️ Summary:
The market is now in a critical area between 200–203.

Breaking it down = Continued decline

Retracement = Opportunity to enter a quick trade

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SOL-6,82%
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