The SOL/USDT perpetual futures on Binance are currently priced at $174.31, reflecting a 5.31% decrease over the past 24 hours. The price action ranged between a daily low of $172.52 and a high of $187.67, with a total 24-hour trading volume of 36.62 million SOL, equivalent to $6.59 billion USDT. The current price sits just slightly above the MA(99) at $173.96, while still trading below both the MA(7) at $174.93 and MA(25) at $179.90, indicating bearish sentiment. The Relative Strength Index (RSI) is at 34.27, approaching the oversold territory, signaling potential for a rebound but also underlying weakness. Over the past 30 days, SOL has gained 15.44%, and remains slightly positive for the year at 0.55%, although it's still down 29.43% over the last 180 days. This pattern suggests short-term bearish pressure within a broader volatile range for SOL perpetual futures.

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