🌩️$SOL /USDT – May 02, 2025

🌐Category: Layer 1 Vol

💸Price: $150.63 (+2.39%)

📈24H High: $153.99 | 📉24H Low: $146.27

🔄24H Volume (SOL): 3.17M | 💰Vol (USDT): 477.62M

📈SOL Price Analysis & Key Levels

🔑Support: $146.27

🔒Resistance: $153.99

🧬Crypto Market Insights:

➡️Fibonacci Retracement:

Levels: $146.27 (0%) | $150.13 (61.8%) | $153.99 (100%)

SOL’s rise places it above the 61.8% Fib level at $150.13, showing bullish momentum📊

➡️Volatility Index (ATR):

14-period ATR: $3.86

SOL may swing between $146.77–$154.49 today🔍

🌟Bullish Scenario:

✅A break above $153.99 could target $160.00

✅High volume supports continued upside🚀

🌧️Bearish Scenario:

❌A drop below $146.27 may hit $140.00

❌Profit-taking could follow the 2.39% gain⚠️

🧭Trading Strategy: Bullish Bias

🛍️Spot Trading

Buy Zone: $146.27–$150.63

🎯Target: $160.00

⛔Stop Loss: $140.00

⚡Futures Trading

📈Long Setup

🔹Entry: $150.63

🎯Target: $160.00

⛔Stop Loss: $145.00

🛡️Risk Management

Watch $146.27 support closely—recent posts on X highlight mixed sentiment📉

🚨Stop Loss Key Alert

Set alerts at $145.00 to manage risk⚡ Act fast if breached🛑

📝Unique Insight: Volume-Weighted Average Price (VWAP)

VWAP: $149.00

SOL is above VWAP, supporting bullish sentiment, but historical data shows a peak of $295.83 on Jan 19, 2025🌟

💡Summary

SOL’s 2.39% gain tests resistance at $153.99🔑 A breakout could hit $160.00, or a dip may see $140.00🌡️

❓Will SOL break $153.99 or fall to $140.00?

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