The SOL/USDT perpetual futures on Binance are currently priced at $147.60, reflecting a -3.27% decline on the day. In the past 24 hours, the asset has experienced notable volatility with a high of $154.35 and a low of $141.43. Despite the recent dip, a short-term recovery is underway, with the price now above the 7-day MA of $146.65, though still below both the 25-day MA of $148.56 and the 99-day MA of $154.46, indicating a prevailing bearish trend. The RSI stands at 60.10, which signals slightly bullish momentum approaching overbought conditions. Trading volume remains strong, with 29.08 million SOL exchanged over the last 24 hours, equivalent to around $4.30 billion USDT, showing active market participation. Performance-wise, SOL futures have decreased -0.63% today and -12.28% over the past 7 days, though modest gains are observed in the 30-day (+3.67%) and 90-day (+3.74%) periods. However, longer-term indicators remain negative with losses of -39.07% over the last 180 days and -15.26% year-to-date, suggesting that while short-term sentiment may be turning, broader market weakness still persists.