$SOL
ā” SOL/USDT Technical Update ā Reversal Incoming or More Pain Ahead? š§
š Current Price: $152.53 | š 24H Change: -0.16%
š§± Layer 1 token showing short-term weakness ā but is volume hinting a bounce?
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š“ Bearish Market Snapshot
š Below All Key Moving Averages (MA):
MA(7): $153.44
MA(25): $153.96
MA(99): $155.41
š» SOL price is under all MAs ā short-term and long-term pressure visible
š Price Range: Near Daily Low
24H Low: $151.67
24H High: $158.93
š§ Trading near bottom of range = weak momentum
š Performance Review:
Today: -1.47%
7D: -11.13%
30D: +2.01%
180D: -32.82%
š Long-term downtrend still dominant
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š Volume Alert ā Buyers Active?
š 24H Volume: 2.42M SOL (~$375.60M)
Current Volume (61.5K SOL) > MA(5): 45.7K & MA(10): 36.7K
ā ļø Volume rising despite price stagnation ā early accumulation signs?
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š§ Key Resistance & Support
š Immediate Resistance:
$153.44 (MA7)
$153.96 (MA25)
$155.41 (MA99)
š Support Zone:
$151.67 (24h low)
$151.41 (recent weak zone)
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ā Strategy Tips for Traders
š Wait for Confirmation:
Entry only above MA(7) with high volume breakout
SL: Below $151.00
TP1: $155.00, TP2: $158.00+
ā ļø Risk Management:
Use only 1ā2% capital per trade
Watch BTC trend ā SOL follows majors
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ā ļø Not a Buy Yet ā But Watching for Breakout at MA(7) š
š If SOL crosses $153.44 with volume ā reversal potential opens up!
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š Disclaimer: Not financial advice. Always do your own research (DYOR).
š #solana #altcoins #TrumpMediaBitcoinTreasury #SaylorBTCPurchase #CEXvsDEX101 $SOL