Crypto · Neuralis Cap article

SOLANA breaks resistance and moves higher

SOL/USDT surpasses 107.36, trading at 108.67, with RSI at 44.5 and ADX 27.9 amid a Greed market mood.

The SOL/USDT pair closed at 108.67 USDT, breaking the prior resistance level of 107.36. The price rose from the previous daily close of 106.54, representing an increase of roughly 2 % for the day.

The move equals 0.4 times the 14‑day average true range (ATR 4.54 %). The 14‑period RSI sits at 44.5, while the 14‑period ADX reads 27.9, indicating moderate trend strength. The price is above the 50‑period EMA (106.8) and well above the 200‑period EMA (93.54), within a regime classified as BULL.

The fear‑greed index stands at 63, labeled Greed, and Bitcoin dominance remains at 59.6 %. Twenty‑four‑hour quoted volume totals 187.9 million dollars.

Neuralis Cap article

Data: Neuralis Cap (Binance daily candles, Alternative.me Fear & Greed, CoinGecko BTC dominance)

Market impact

If the price stays above the broken resistance and the RSI remains near 45, the asset may consolidate its bullish stance within the current moderate‑trend environment. A pullback below the 50‑EMA could raise selling pressure, particularly if the ADX weakens.

Neuralis Cap analysis for informational purposes only. It does not constitute investment advice.

Article written by Neuralis Cap with AI assistance solely from the data and primary sources listed. It does not constitute investment advice.

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