Solana Updates
[SOL/USDT Daily Technical Analysis]
Price: $143.75 (+1.71%)
1. MACD Indicator:
MACD is currently at +3.79 with a green histogram, indicating bullish momentum.
The DIF line has crossed above the DEA line — a potential buy signal.
2. Moving Averages (MA):
MA(7): $135.12
MA(25): $135.27
→ Price is above both short-term MAs, showing bullish strength.
MA(99): $183.38
→ Medium-term resistance lies ahead.
3. Volume:
Stable trading volume. An increase in volume could push SOL higher.
4. Key Levels:
Support: $130 – $135
Resistance: $147.50 (short-term), then $153.65
Summary:
SOL is showing early signs of a recovery. If market sentiment remains positive, we may see a breakout toward $150+. However, a drop below $135 could invalidate this bullish move.
Not financial advice. DYOR.
#SOL #TechnicalAnalysis #crptoanalysis