š SOL/USDT Price Analysis
Solana is currently trading around $157.54, down 3.47% on the day. After hitting a 24h high of $163.97, SOL faced resistance and retraced to a low of $153.80, where buyers stepped in to defend key support.
š¹ Short-term trend (30m chart):
Weāre seeing a mild recovery after a brief sell-off. Bulls are attempting to reclaim the $160 zone, but momentum remains fragile.
š¹ Market Sentiment:
Buyers: 74.16%
Sellers: 25.84%
This indicates accumulation pressure is building at lower levels.
š¹ Outlook:
If SOL holds above $155, we could see a bounce toward $161ā$164. A break below $153.8 may open the door for deeper downside.
ā” Solanaās fundamentals remain strong, but short-term traders should watch volatility closely as Layer-1 rotations continue.
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