SolanaStrong

🔹 Current Market Overview$SOL
Price: $163.42 (▲ +3.40% in 24h)
24h High / Low: $165.67 / $156.32
Volume (24h):
SOL: 3.76 million
USDT: $604.34 million
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🔹 Trend & Price Action
The price has rebounded from a recent local bottom around $138.86.
Strong bullish momentum over the last few daily candles, forming a short-term uptrend.
A clear reversal is taking shape after a correction from the recent high of $187.71.
Price has now broken above the MA(7) = $153.21, suggesting potential short-term bullish continuation.
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🔹 Moving Averages (MA)
MA(7) – Yellow: $153.21 – price has crossed above, short-term bullish signal.
MA(25) – Pink: $163.96 – price is testing this; a break above would further confirm a trend reversal.
MA(99) – Purple: $144.79 – far below current price, showing long-term trend still intact.
📌 Key Insight: The convergence of price with the MA(25) level is crucial. A confirmed break and daily close above it could trigger further upside.
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🔹 Volume Analysis
Recent green volume bars suggest accumulation during the rebound.
Volume remains healthy but hasn't yet spiked to indicate a full breakout – watch for a surge in volume for confirmation of trend continuation.
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🔹 Support & Resistance Levels
Immediate Support: ~$159.33
Key Resistance: $165.67 (24h high), followed by $169.56 and $179.79
Major Resistance: $187.71 (recent top)
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🔹 Market Sentiment & Volatility
Volatility remains moderate.
7-day price change: +4.20%
30-day price change: -8.13% → indicating recovery from a recent decline.
90-day change: +30.38% → long-term bullish trend is still valid.
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🔹 Conclusion & Recommendation
Bias: Moderately Bullish (short-term), Bullish (medium-term)
If holding: Consider holding as long as the price stays above the MA(7) and $159 support.
If entering: Entry above $165 with confirmation could offer a run toward $170–180 levels.
If bearish: Watch for failure at $165–169 with weak volume for shorting opportunities.

#Tradersleague #SolanaStrong $SOL

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#SolanaStrong

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Next Target: $SOL
As we look ahead, we're excited about the potential of $SOL . With its strong fundamentals and growing adoption, we believe it has the potential to make significant gains in the coming days. Keep an eye on it and consider adding it to your watchlist.
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$SOL to remain in a tight range of $154–157, with a bias toward the mid-upper band (~$156) unless a strong catalyst emerges. A breakout might push it toward $158, but immediate upside seems capped, while the downside risk to $152 remains unless the support level breaks. #SolanaStrong