analysis of $SOL

/JPY

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🧾 Snapshot: SOL/JPY

Metric Value

Current Price ¥20,148

USD Equivalent ~$137.96 (-2.24%)

24h High / Low ¥20,880 / ¥20,056

Volume (SOL) 4,303.00

Volume (JPY) ¥88.46M

Support Zone Around ¥20,000

Resistance Zone Around ¥20,730–20,900

MA(5) 43.424 (volume)

MA(10) 51.433 (volume)

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🔍 Price Action Insights

Near Support: SOL is currently trading very close to its 24h low of ¥20,056 and just above a psychological support at ¥20,000. A break below that could trigger further downside.

Local Resistance: ¥20,730–20,900 represents the first resistance zone. If SOL breaks this level, it may retest ¥21,000+.

Bearish Pressure: The price is down ~2.2% with decreasing momentum; short-term sentiment leans bearish unless a reversal occurs from the ¥20,000 area.

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📈 Next Move Suggestions

✅ If You’re Already Holding (Long):

Watch support at ¥20,000 closely. If it holds, expect a possible bounce.

Consider adding a small position only on clear bullish confirmation (above ¥20,550 with strong volume).

Stop-loss suggestion: Just below ¥19,900.

📉 If You’re Planning to Short:

Short entries could be considered on:

Breakdown below ¥20,000

Rejection from ¥20,730–20,900

Target zones: ¥19,500 or ¥18,800 (if broader market turns risk-off)

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🛠 Want Deeper Insight?

I can provide:

Trendline chart

Fibonacci levels

RSI/MACD/volume divergence

USD pair correlation (SOL/USDT)

Would you like a visual technical chart or setup for that?

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