🧠 Chart Summary (SOL on 1D / Binance / Heikin Ashi):
🔍 1. Recent Price Action:
- Price has been rallying from the $115-$120 support zone since early April.
- A Break of Structure (BOS) occurred around late April — a bullish sign.
- After the BOS, SOL pushed up into the $170–$180 zone, which is acting as short-term resistance now.
- Price is consolidating around $172, forming a range.
🔴 2. Key Zones:
- Resistance (Red Zone): $190 – $200 → Last strong supply zone; price rejected from here in February.
- Support (Blue Zone): $150 – $160 → Previous breakout area and recent BOS level.
- Major Support (Deep Blue Zone): $95 → Labeled as "Weak Low" – if SOL crashes below this, trend shifts bearish.
📉 3. Indicators:
Stochastic RSI: Overbought and curling down → momentum could slow.
Volume: Decreasing as price consolidates → possible upcoming volatility.
⚠️ 4. What to Watch Next:
A break and close above $180–$185 could send SOL toward the $200–$220 zone.
If it drops below $160, expect a possible retest of the $140–$150 support.
Stochastic cooling may lead to short-term retracement before another leg up.
🧾 TL;DR:
SOL is consolidating near resistance after a strong rally. Bulls need a breakout above $185 to stay in control. A dip toward $150 wouldn’t break the trend but could be a better re-entry point.
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Other Low Market Cap #RWA #RealEstate #Tokenization Platforms by FDV
SQRB $100K on PROBIT
$RNB $310K
$HTS $1.9M
$STBU $3.5M
LAND $3.6M
-----
Not for recommendations to BUY SELL any stocks, cryptos, FX or securities
Not for Financial Advise
DYOR
🔍 1. Recent Price Action:
- Price has been rallying from the $115-$120 support zone since early April.
- A Break of Structure (BOS) occurred around late April — a bullish sign.
- After the BOS, SOL pushed up into the $170–$180 zone, which is acting as short-term resistance now.
- Price is consolidating around $172, forming a range.
🔴 2. Key Zones:
- Resistance (Red Zone): $190 – $200 → Last strong supply zone; price rejected from here in February.
- Support (Blue Zone): $150 – $160 → Previous breakout area and recent BOS level.
- Major Support (Deep Blue Zone): $95 → Labeled as "Weak Low" – if SOL crashes below this, trend shifts bearish.
📉 3. Indicators:
Stochastic RSI: Overbought and curling down → momentum could slow.
Volume: Decreasing as price consolidates → possible upcoming volatility.
⚠️ 4. What to Watch Next:
A break and close above $180–$185 could send SOL toward the $200–$220 zone.
If it drops below $160, expect a possible retest of the $140–$150 support.
Stochastic cooling may lead to short-term retracement before another leg up.
🧾 TL;DR:
SOL is consolidating near resistance after a strong rally. Bulls need a breakout above $185 to stay in control. A dip toward $150 wouldn’t break the trend but could be a better re-entry point.
------------------
------------------
Other Low Market Cap #RWA #RealEstate #Tokenization Platforms by FDV
SQRB $100K on PROBIT
$RNB $310K
$HTS $1.9M
$STBU $3.5M
LAND $3.6M
-----
Not for recommendations to BUY SELL any stocks, cryptos, FX or securities
Not for Financial Advise
DYOR
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.