SOLUSDT — Technical Analysis (12H)
$SOL #TrendTradingStrategy #solana
🔍 Overview: Solana (~127.45) is in a strong downtrend, trading well below its averages.
1. Trend: The price is clearly below the EMA(7) (~128.626), the EMA(25) (~133.345) and the EMA(99) (~136.239), confirming the dominance of sellers.
2. Resistance: The EMA(7) at $128.626 is the immediate resistance. A stronger bounce would find resistance in the $133 area.
3. Support: The recent low around $124.250 is the nearest support to watch.
4. MACD: The red histogram is expanding, indicating that selling pressure is intensifying.
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✅ Conclusion:
$SOL maintains a solid bearish structure. The main strategy is to sell bounces towards the EMAs. Losing the support of $124 could accelerate the decline.
📉 #Crypto #AnalisisTecnico #SOL
