Coin : $SOL
Signal : Buy (Mid to long term)
SOL is currently facing stiff resistance at the Value Area High (VAH) of the volume profile, which has historically acted as a tough barrier to break. If it fails to reclaim that level, there's a strong possibility of a pullback toward the 50 EMA, which may serve as a short-term support. A breakdown from the 50 EMA could open the doors for a deeper correction toward the 160–165 support zone. For traders considering a long position, it’s wise to wait for a confirmed breakout above the VAH or look for an opportunity to catch the dip near the key support levels. The Point of Control (POC) lies at 140, marking a potential magnet zone in case of a deeper retracement. However, the MACD on the 4H chart still shows bullish momentum, suggesting that upside is possible if SOL manages to hold current levels or break through resistance. Stay cautious and plan your entries wisely.
Join the live stream for professional trading guidance.
On the other hand,
USDT Dominance (USDT.D) is showing signs of weakness and may fall toward the 3.71% level—a move that carries a strong bullish implication for the broader crypto market. A decline in USDT.D indicates that capital is rotating out of stable coins and flowing back into risk-on assets like Bitcoin, Ethereum, and altcoins. This shift in sentiment suggests growing confidence among traders and investors, often preceding upward momentum in the market. For long traders, this is a promising signal—money is moving from the sidelines back into action, potentially fueling the next leg up. Keep an eye on USDT.D as it approaches key support, as continued downside could align with bullish price action across major crypto assets.
Join the live stream professional trading guidance from experts.
