Solana

Although EMA(50) position is below EMA(200), but with RSI(14) condition is in the Neutral-Bullish level and the appearance of a Bullish Divergence, there is potential for Solana to strengthen toward its nearest resistance level.

Key Levels

1. Resistance. 2 : 89.11

2. Resistance. 1 : 87.36

3. Pivot : 85.94

4. Support. 1 : 84.19

5. Support. 2 : 82.77

Tactical Scenario

Positive Reaction Zone: If Solana breaks out above 87.36, there is a likelihood of a move up toward 89.11.

Momentum Extension Bias: If 89.11 is broken, 90.53 becomes the next target.

Invalidation Level / Bias Revision

The upside bias weakens if Solana falls below 82.77.

Technical Summary

EMA(50) : 86.05

EMA(200): 86.24

RSI(14) : 52.31 + Bullish Divergent

Economic News Release Agenda:

From the United States only two economic releases are scheduled:

US - Revised UoM Consumer Sentiment - 21:00 WIB

US - Revised UoM Inflation Expectations - 21:00 WIB