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Solana price shows 3 bearish signals this week: 6 levels to watch

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1 hour ago

Solana price shows 3 bearish signals this week: 6 levels to watch

Solana price analysis focuses on D1 momentum and intraday structure to map risk and key levels. Summary In summary Multi-timeframe analysis 6 Solana price D1 (Daily) H1 (Hourly) M15 (15-minute) Key levels Trading scenarios Bullish scenario Bearish scenario Neutral / Range scenario Market context Ecosystem (DeFi) Disclaimer In summary D1 bias: Bearish 6 price trades well below the 20/50/200 EMAs and outside the lower Bollinger band. Momentum: RSI at 31 and MACD negative 1 downside tilt with oversold cues. Levels: Immediate pivot 161.58 USDT; key support near 154.73 USDT, ATR 11.13 USDT guides stops. Solana (SOL) price sits under pressure on the daily chart but shows short-term choppiness intraday. Multi-timeframe analysis 6 Solana price D1 (Daily) Price vs EMAs: Close 160.44 USDT is below the 20 EMA 187.76, 50 EMA 196.92, and 200 EMA 187.04. This shows sellers control the bigger trend and moving averages act as resistance. RSI: 31 1 in the bearish zone (<50), yet approaching oversold. This suggests momentum is negative but could invite mean-reversion if buying interest returns. MACD: Line -8.02 vs signal -5.98, histogram -2.04 1 MACD confirms downward momentum; the widening negative gap points to persistent selling pressure. Bollinger Bands: Mid 186.78, low 168.07, upper 205.50. Price sits below the lower band at 160.44, indicating an extension beyond normal volatility and an oversold impulse move. ATR: 11.13 USDT 1 elevated daily volatility. Use this to size risk; 0.51.0 ATR gives a stop range of ~5.5711.13 USDT. Pivot: PP 161.58, R1 167.28, S1 154.73. Price below PP signals short bias; a reclaim of PP could flip intraday momentum. H1 (Hourly) Intraday EMAs: Close 160.44 vs EMA20 164.87 and EMA50 172.01 price below both, so intraday trend is bearish and the EMAs may cap rallies. RSI: 34.48 weak momentum but not deeply oversold on H1. That implies rallies may be limited until buyers reassert themselves. MACD: Line -4.37 vs signal -4.29, hist -0.08 marginally negative; momentum appears to be stabilizing but remains tilted down. BB (H1): Mid 164.45, low 156.70. Price sits nearer lower band, pointing to intraday pressure with potential mean-reversion if range holds. M15 (15-minute) Micro structure: Close 160.64 above EMA20 160.17 but below EMA50 162.94. This shows short-term buyers trying to test resistance while higher TFs stay bearish. RSI: 48.98 neutral on M15; momentum could swing quickly with small volume moves. MACD: Line -1.05 vs signal -1.61, hist 0.56 a small bullish histogram suggests micro recovery, useful for short scalps but not a trend flip. Synthesis: D1 is clearly bearish while H1 leans bearish and M15 shows short-term stabilization. Overall structure calls for caution and selective entries. Key levels Level (USDT) Type Bias / Note 196.92 EMA50 Major resistance 6 aligns with longer-term bearish trend. 187.76 EMA20 Resistance 6 near Bollinger mid and EMA200 (187.04). 187.04 EMA200 Resistance 6 critical trend hurdle. 168.07 Bollinger low Short-term support; price is currently below this level. 167.28 Pivot R1 First resistance on mean-reversion attempts. 161.58 Pivot PP Intraday trigger 6 reclaim would ease short-term pressure. 154.73 Pivot S1 Next support; break opens lower targets. Trading scenarios Bullish scenario Trigger: Reclaim and close above PP 161.58 then above 167.28 (R1). Target: 168.07187.04 USDT zone (first resistance band if momentum builds). Invalidation: Failure to hold PP (close back below 160.00 USDT). Risk: Use stops at 0.51.0 ATR (5.5711.13 USDT) below entry; this caps downside if momentum fails. Bearish scenario Trigger: Sustained daily close below 154.73 USDT (S1) or continued pressure below Bollinger low. Target: Lower targets not provided. Invalidation: Strong reversal reclaim above 161.58 USDT with increased volume. Risk: Stops 0.51.0 ATR above recent swing; ATR guides position sizing. Neutral / Range scenario Trigger: Price chops between 154.73 and 167.28 USDT without clear breakout. Target: Range-bound scalps toward pivot and BB low/mid. Invalidation: Breakout beyond either boundary with follow-through. Risk: Tight stops (0.250.5 ATR) given higher false-break risk intraday. Market context Total cap: 3,536,024,712,020.74 USD; 24h change -3.61% broad risk-off backdrop. BTC dominance: 58.57% high concentration in Bitcoin often pressures altcoins. Fear & Greed: 21 (Extreme Fear) sentiment is cautious and liquidity could remain thin. High BTC dominance and extreme fear usually weigh on altcoins like Solana; expect higher volatility and lower appetite for sustained rallies. Ecosystem (DeFi) DEX fees: Raydium, Orca, Meteora, HumidiFi, and SolFi show variable daily fee flows; several recorded strong 1-day increases. Interpretation: Mixed fee trends suggest selective user activity across Solana DeFi. This points to localized demand rather than broad network re-acceleration. Disclaimer This analysis is for informational purposes only and does not constitute financial advice. #NFA #DYOR

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