strong buy
SOL Price Reaches Critical Zone, Bearish Reversal Expected
The analysis on the SOL asset for the 4-hour timeframe indicates that the price has confidently approached the weak maximum zone around $182–$184, which is anticipated to trigger a seller's reaction. A false breakout above this zone is expected, followed by a reversal downward; if the weakness is confirmed on smaller timeframes, a pullback to the $165–$168 range is likely, where the asset's future will be decided. Alternatively, if the $165–$168 zone does not hold, a decline towards the next liquidity area at $147–$150 is probable, and this level will be key for buyer reactions on return. The bullish scenario requires the price to hold above $184 and break the "weak high," potentially accelerating the upward move toward $188–$190. Currently, the priority is a local short with confirmation, monitoring the response in the $182–$184 zone.
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AI Analysis
The current dynamics of SOL on the 4-hour chart show it approaching a significant resistance area between $182 and $184. This zone is identified as a weak maximum, where seller activity is expected to...
AI Recommendation
Given the current analysis, traders are advised to adopt a cautious short posture, waiting for clear confirmation of rejection at the $182–$184 zone before entering short positions. It is essential to...
Disclaimer
The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.
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