SOL/USDT — Daily Chart Update
Current price: $148.51 (+1.03% in 24h)
Technical overview:
• The price is showing a moderate upward movement after a recent correction, holding above key mid-term levels.
• Support:
• MA(25): $135.40 — Price remains above this moving average, indicating a sustained bullish momentum.
• Resistance:
• MA(99): $156.66 — This level remains a key area for an upside breakout.
• Indicators:
• MACD stays in positive territory (0.547), but the histogram shows a slowing momentum.
• RSI(6): 63.91 — In the neutral zone, approaching overbought conditions.
• Volume is decreasing slightly, which may suggest a pause before the next strong move.
Conclusion:
SOL continues to trade near local highs. A breakout above the $156–158 zone is needed to confirm further upside. The nearest support lies around $135. If the price holds above this level, there’s potential for a move toward the $165–180 range in the coming weeks.
