The SOL/USDT perpetual futures on Binance are currently trading at $149.92, reflecting a +1.18% gain over the past 24 hours. The price fluctuated between a low of $147.90 and a high of $152.80, suggesting moderate short-term volatility. Technically, the price is slightly below the 7-period moving average (MA(7) = $150.35) and the 25-period moving average (MA(25) = $150.77), while also trading under the long-term 99-period moving average (MA(99) = $151.28), which may indicate a potential continuation of bearish pressure unless upward momentum builds. The RSI(6) stands at 40.58, which is below the neutral 50 mark, suggesting mildly bearish momentum with room for recovery. Daily trading volume reached 10.98 million SOL, equivalent to $1.66 billion USDT, indicating strong market participation. In terms of trend performance, SOL has shown a short-term decline of -0.48% today and -6.26% over the last 30 days, though it has gained +17.22% in the past 90 days, showing intermittent bullish runs. However, its 180-day performance is down -33.27%, and its 1-year change is negative at -11.18%, highlighting an overall long-term bearish trajectory in perpetual futures despite occasional rallies.
