Completing the update of $SOL as we mentioned yesterday, the target has indeed been achieved.
Current price: 213.3 Last peak: 216.5 ( clear resistance very much ) EMA7 = 200.5 → Price above it = Short positive trend EMA25 = 189.8 / EMA50 = 181.5 → all below = overall upward trend RSI(6) = 67.7 → Close to the overbought zone (70) Stoch RSI = 70 → entered the overbought zone, a reversal is likely. MACD = positive (1.59) but the green bars are small → the upward momentum is weakening. Volume: It's rising but the volume isn't very large compared to previous spikes. 📊 Technical Analysis: SOL broke through 210 and is trying to hold above it, but faced resistance at 216.5. Momentum indicators ( RSI + Stoch RSI ) indicate that the currency is nearing overbought saturation. The MACD is positive, but the weakness of the bars indicates that the buyers are starting to tire. ⚠️ Summary: The overall trend is still upward, but now there is a strong resistance area (216.5). The indicators suggest a possibility of a correction, and this is a good trading opportunity if the price fails to rise above 216.5. But if it breaks 218 and closes above it → it cancels the idea of a drop and may continue to 225. Follow me and write your favorite currency and I will send you a detailed analysis of it. #Gate 2025 Global Fall Campus Recruitment #Rise of Solana Treasury Holders #ETH Trend Watch
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Completing the update of $SOL as we mentioned yesterday, the target has indeed been achieved.
Current price: 213.3
Last peak: 216.5 ( clear resistance very much )
EMA7 = 200.5 → Price above it = Short positive trend
EMA25 = 189.8 / EMA50 = 181.5 → all below = overall upward trend
RSI(6) = 67.7 → Close to the overbought zone (70)
Stoch RSI = 70 → entered the overbought zone, a reversal is likely.
MACD = positive (1.59) but the green bars are small → the upward momentum is weakening.
Volume: It's rising but the volume isn't very large compared to previous spikes.
📊 Technical Analysis:
SOL broke through 210 and is trying to hold above it, but faced resistance at 216.5.
Momentum indicators ( RSI + Stoch RSI ) indicate that the currency is nearing overbought saturation.
The MACD is positive, but the weakness of the bars indicates that the buyers are starting to tire.
⚠️ Summary:
The overall trend is still upward, but now there is a strong resistance area (216.5).
The indicators suggest a possibility of a correction, and this is a good trading opportunity if the price fails to rise above 216.5.
But if it breaks 218 and closes above it → it cancels the idea of a drop and may continue to 225.
Follow me and write your favorite currency and I will send you a detailed analysis of it.
#Gate 2025 Global Fall Campus Recruitment
#Rise of Solana Treasury Holders
#ETH Trend Watch