SOL

SOL AI Trading (Time: 2025/06/19 02:02 UTC) decision background is summarized.

Daily Chart Technical Analysis

Looking at the recent 300 days of SOL coin price data, the current price is 202,800 KRW, which is higher than the recent short-term moving average (20 days). Therefore, this data suggests a short-term upward trend. The price has been supported several times above the 20-day moving average and is judged to have rebounded near the strong resistance level of 210,000 KRW. Below the current price, there is a major support line at 200,000 KRW, and it is important to see whether this level is maintained.

In the upward trend, the RSI (Relative Strength Index) has exceeded 50, indicating upward momentum, and the MACD (Moving Average Convergence Divergence) also shows a positive crossover. Accordingly, there is a possibility of attracting additional buying pressure. However, caution is needed as there may also be some profit-taking selling pressure at the current price. In the current situation, which is close to the upper Bollinger Band, do not forget that market volatility may increase. Signals of a downward reversal should also be monitored.

Summary of External Factors

Recently, positive sentiment has spread throughout the cryptocurrency market, and demand for SOL coins is increasing. In particular, positive news such as the upgrade of Ethereum has impacted the market as a whole. This is due to the development of the existing ecosystem of SOL coins, which includes support from NFT and DeFi platforms. However, legal regulations or government regulations may negatively affect short-term price movements, so it is essential to pay attention to additional news.

Moreover, the overall correction trend continues, and investors may take a more conservative approach. Concerns related to the trend of interest rate hikes in the United States still exist, so it seems necessary to flexibly adjust SOL coin trading strategies according to this external economic environment. The overall trading volume is trending lower than before, indicating a decrease in interest among individual investors, which may also exert negative pressure on prices.