1day $SOL analysis

Current Price: $148.05 (+0.96% in 24h)

24h High: $149.50, Low: $145.38

Volume: 2.49M SOL & 366.74M USDT

Key Observations:

- Recent uptrend with higher highs and higher lows indicates bullish momentum 🐂

- Strong upward move in late April, followed by slight consolidation near $148.05

- Potential resistance around $150 🚧

Volume Insights:

- Spike in Volume SMA confirms strong buying interest during uptrend 📊

- Current volume is healthy, but a drop on price decline could indicate weakening momentum ⚠️

Potential Signals:

- Bullish: Break above $150 with increasing volume could target $160 🚀

- Bearish: Drop below $145 with high selling volume might lead to retest of $140 🔽

*What's Next?*

Watch for consolidation phase; breakout above $149.50 or breakdown below $145 will confirm next trend 📉

don't forget to follow me @fatima_tariq $SOL