Here's a summary and brief analysis of the $SOL /USDT trading
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๐ Current Price
SOL/USDT: $139.05
24h Change: -4.51% (price decline)
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๐ Price Movement
24h High: $148.81
24h Low: $135.69
Current Range: Volatile with a ~$13 range (nearly 9% swing in a day)
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๐งฎ Moving Averages (MA)
MA(7): $139.39 โ Near current price; may act as short-term resistance
MA(25): $143.64 โ Currently below this level
MA(99): $145.70 โ Also below this level, indicating a medium-term bearish trend
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๐ Volume
24h Volume (SOL): 3.24M SOL
24h Volume (USDT): $464.86M
Healthy liquidity; significant trading activity in the past 24 hours
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๐ง Quick Insights
Bearish Short-Term: Price is under all key moving averages (MA7, MA25, MA99)
Support Zone: ~$135โ$137
Resistance Levels: ~$143โ$146 (aligned with MA25/MA99)
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๐ What to Watch
If price breaks above MA25 ($143.64): Could see bullish recovery
If price drops below $135: May trigger further downside
High volume: Suggests active participation; useful for scalpers and short-term traders
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Would you like a trading strategy or deeper technical analysis (like RSI, MACD, or Fibonacci retracements)?
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