SOL/USDT Weekly Analysis — Bullish Reversal or Short-Term Relief?

Solana (SOL) is currently trading at $144.70, showing a +2.81% gain today. After dipping to a weekly low of $140.48, buyers stepped in, pushing prices back up—indicating potential short-term support.

Key insights:

MA(50): $169.66 (acting as resistance)

MA(200): $101.11 (strong long-term support)

RSI (6): 44.70 — Neutral zone, room for upward momentum

MACD: Bearish but showing signs of convergence, signaling potential trend shift

24h Volume: 3.51M SOL / 506.42M USDT

If buying pressure continues and SOL breaks above $150, a rally toward the $165 resistance zone is possible. Watch closely—this could be a trend reversal or just a temporary bounce.

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