Image of SOLO
SOLOSolomon
$0.7959
10.06%
1D

Solomon Analysis

Investment Score
A quick view into Solomon's investment prospects.
5.7

The chart is fairly balanced right now, so waiting for stronger confirmation still makes sense.

What is helping
  • Price is trading above the Hull Moving Average (9), which keeps the near-term trend supportive.
  • Stoch RSI is near the lower end of its range, which suggests downside momentum may be getting exhausted.
Main risks
  • ATR percentile is elevated, which signals a noisier market and a higher chance of sharp swings.
  • Price is too close to resistance relative to nearby support.
Market State Summary
Current regime
Bull Volatile
Confidence: 71%
Why this state?
  • SOLO is below SMA50
  • SMA50 is above SMA200
  • SMA50 slope is positive over the last 10 days
  • 30-day return is positive
  • ATR volatility is above the 60th percentile of its trailing 180-day history
Suggested strategy

In the current Bull Volatile regime, the best-fit approach is Follow the trend, but tighten risk control. The broader trend is still bullish, but price swings are wider and less forgiving, so the upside bias remains intact while execution and risk control need to be tighter.

Trend
Bullish
SOLO is trading above key moving averages and the medium-term trend is still rising.
Momentum
Neutral
RSI is 43.28, which is neither overbought nor oversold.
Volatility
Volatile
SOLO ATR volatility is above the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.7231 - $0.8006
Active zone
$0.7020 - $0.7497
Support zone
$0.6283 - $0.6760
Chart Patterns
SMA50
SMA100
SMA200
RSI
Neutral
MACD
Bearish
ATR%
Volatile
Volume
Low
Support & Resistance

Solomon support and resistance levels highlight key price zones where buyers and sellers are most active. This section helps identify likely breakout areas, pullback support, overhead resistance, and the current trading range so you can evaluate trend continuation, reversal risk, and near-term crypto price direction.

Support zone
$0.6283 - $0.6760
Resistance zone
$0.7231 - $0.8006
Active zone
$0.7020 - $0.7497
Levels Table
LevelZoneStrength
Support 1$0.6283 - $0.6760
Support 2$0.5253 - $0.6196
Resistance 1$0.7231 - $0.8006
Active 1$0.7020 - $0.7497
Scenario Analysis
Bullish scenario

SOLO clears the resistance zone at $0.7231 - $0.8006 and holds above it. That would strengthen the breakout case and shift attention to $0.7231 - $0.8006.

Bearish scenario

SOLO loses the support zone at $0.6283 - $0.6760. That would weaken the setup and open the way toward $0.5253 - $0.6196.

Neutral scenario

SOLO continues trading between $0.6760 and $0.7231. In that case, range-trading conditions remain active.

Technical Indicators

Technical indicators help summarize trend, momentum, volatility, and key price levels. They should not be used in isolation, but they can help identify whether a coin is trending, ranging, overextended, or approaching an important support or resistance level.

IndicatorValueSignalInterpretation
SMA50
$0.7265
Bearish
SOLO is trading below the 50-day average.
SMA200
$0.6605
Bullish
SOLO remains above the long-term trend line.
EMA50
$0.7424
Bearish
SOLO is trading below the 50-day exponential average, which weakens the recent trend.
EMA200
$0.6952
Bullish
SOLO is above the 200-day exponential average, which keeps the longer-term structure constructive.
RSI (14)
43.28
Neutral
RSI (14) is at 43.28, which keeps momentum in a balanced range.
Stoch RSI (14)
0.00
Oversold
Stoch RSI (14) is low at 0.00, which shows momentum is pressing near its recent lower extreme.
MACD
0.004097
Bearish
MACD is below its signal line.
ATR
8.24%
Volatile
Volatility is above its 180-day median.
VWMA
$0.8707
Bearish
Price is below the volume-weighted average.
Commodity Channel Index (20)
-93.11
Neutral
CCI (20) is at -93.11, which keeps price relatively close to its recent average.
Awesome Oscillator (5, 34)
$-0.02292
Bearish
Awesome Oscillator is below zero at $-0.02292, which supports bearish momentum.
Williams Percent Range (14)
-99.97
Oversold
Williams Percent Range (14) is near the bottom of its recent range at -99.97.
Bull Bear Power (13)
$-0.05887
Bearish
Bull Bear Power (13) is negative at $-0.05887, which suggests sellers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
16.74
Oversold
Ultimate Oscillator is weak at 16.74, which suggests multi-timeframe downside momentum may be stretched.
Hull Moving Average (9)
$0.6856
Bullish
SOLO is trading above the Hull Moving Average (9), which supports the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.8961
Bearish
SOLO is trading below the Ichimoku base line, which points to weaker structure.
Assets Similar to Solomon

Over the past 7 days, Solomon price was most positively correlated with the price of Dash (DASH), Canton (CC), Sei (SEI), The Graph (GRT) and Zcash (ZEC) and most negatively correlated with the price of Midnight (NIGHT), Aave (AAVE), Stacks (STX), Curve DAO Token (CRV) and Monad (MON).

Positively Correlated Currencies
NameCorrelation
Image of DashDash0.901
Image of CantonCanton0.888
Image of SeiSei0.888
Image of The GraphThe Graph0.880
Image of ZcashZcash0.860
Negatively Correlated Currencies
NameCorrelation
Image of MidnightMidnight-0.784
Image of AaveAave-0.727
Image of StacksStacks-0.698
Image of Curve DAO TokenCurve DAO Token-0.664
Image of MonadMonad-0.658

Solomon price is positively correlated with the top 10 coins by market cap with a price of 0.076, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.112. Currencies that are positively correlated with Solomon indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with Solomon, a move in one direction for Solomon would translate into a move in the opposite direction for the negatively correlated coin.

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