[$SOL Trade Signal - 30M Chart]
SOL is currently trading at $175.42, down -3.74% in the last 24h after hitting a local high of $187.71. Price action has shown a clear short-term downtrend post-peak with increased selling volume.
Key Technicals:
MA(7): $175.02 | MA(25): $176.80 | MA(99): $179.25 — Short-term MAs are crossing below longer-term, signaling weakness.
Support: $172.50 (24h low)
Resistance: $179.25 (MA99) & $187.71 (recent top)
Trade Ideas:
Long Entry: $173.50–$174.00 zone (near support), SL: $171.80, TP: $179.00–$182.00
Short Entry: $178.50–$179.50 zone (near MA99 resistance), SL: $181.00, TP: $172.80–$170.00
Volume spike confirms strong interest — trade with tight risk management. This 30-minute setup favors scalpers and intraday traders.
