The price of $SOL has fluctuated between $184 and $195 in the past two days, showing a 【upward oscillation】 trend. After a significant decline earlier, it has gradually recovered in recent days, but overall it remains at a relatively low position.
Let's take a look at three indicators:
- MACD: The average of DIF and DEA is converging upwards, and the MACD histogram has turned positive from negative, indicating signs of 【increased bullish strength】.
- RSI: The RSI14 value is 55.80, close to the neutral zone, not entering the overbought or oversold area, indicating that market sentiment is relatively stable.
- EMA: The price has crossed above the yellow 20 to 60 moving averages but faced resistance and retreated. The moving averages indicate a short-term rebound, while the medium to long-term remains bearish.
Trading Volume:
- On December 28, the trading volume significantly increased to 7,418,865, showing increased capital activity.
- On December 29, the trading volume decreased to 377,793, indicating an increased wait-and-see sentiment in the market.
Everyone can accumulate positions between $175 and $190 for $SOL , waiting for a peak sell-off before Trump's inauguration.