SOL 4H Market Update
๐ข *Price:* 163.80
๐ *24h Change:* +1.13
๐ *Recent Low:*155.83
๐ *RSI (6):* 59.10 โ Momentum improving
๐ *Timeframe:* 4H (Short-Term View)
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๐ Market Recap:
Solana has been in a *downtrend from 186*, hitting a recent low at *155.83*. However, the current structure shows a *short-term recovery* forming โ higher lows and stronger buying near support.
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๐ Bullish Signals:
- Multiple green candles indicate *buyer interest*.
- RSI climbing towards 60 suggests momentum is shifting.
- If price breaks above '167.80', it could lead to a stronger move toward '174โ180'.
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โ ๏ธCaution:
- Still under key resistances.
- Needs confirmation above '168' for trend reversal.
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Conclusion:
Market shows early signs of *relief bounce or possible reversal. Watch for stronger confirmation.