$SOL Price: 154.90$
⏱ Time Frame: 4 hours
🔹 Technical Analysis
The price is trading above the short moving averages (MA/EMA 7 and 25), reflecting positive momentum.
The Relative Strength Index (RSI) at 79 indicates an overbought condition that could be followed by a temporary corrective movement.
The MACD indicator shows a positive crossover, supporting the continuation of the upward trend.
The price is approaching resistance at $156, and breaking it could push the price towards $161.
📌 Summary:
The current trend is upward, but the overbought condition may lead to a short correction before continuing the rise. Monitoring the $156 level is important to confirm the breakout or rebound.