$SOL /USDT Showing Upward Movement After Consolidation
Hey everyone,
Here's the latest update on the $SOL /USDT chart. The current price of Solana is at $147.60, showing a positive increase of +1.60% recently.
Looking at the last 24 hours, SOL has ranged from a Low of $140.32 to a High of $148.67. The 24h Volume stands at 2.81M SOL, which translates to 407.72M in USDT.
The chart indicates that after a period of sideways consolidation, we're now seeing some upward momentum. The price has broken above the previous consolidation range and is heading towards the 24-hour high. This suggests renewed buying interest in Solana.
Traders will be watching to see if SOL can break through the $148.67 resistance level. If it does, we might see further gains. On the downside, the previous consolidation range could now act as a potential support zone.
Key points to observe:
Resistance: The 24-hour high of $148.67 is the immediate resistance to watch.
Support: The previous consolidation range around $145-$147 could act as support.
Momentum: The current momentum appears to be bullish.
What are your thoughts on Solana's current movement? Do you anticipate it will break the 24-hour high, or will we see some resistance? Share your analysis!
