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📊 Current Market Overview:

• Last Price: $155.75

• 24h High / Low: $160.00 / $149.36

• 24h Change: +2.46%

• Volume (SOL): 30.35M

• Volume (USDT): 4.68B

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🕐 1H Chart Analysis:

🔼 Recent Surge:

• There was a massive bullish candle breaking out from around $150 to $160, indicating strong buying pressure and possibly liquidations.

• The move was accompanied by high volume, confirming the strength of the breakout.

🔽 Pullback:

• After hitting $160 (local top), the price pulled back to the $155 zone, forming lower highs and showing slight consolidation.

• Currently stabilizing near $155.75, suggesting indecision or cooling-off after the pump.

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🔧 Technical Levels to Watch:

• Immediate Resistance: $158.20 – $160.00 (recent top)

• Support Zone: $153.50 – $151.00

• Major Support: $149.35 (bottom of the prior consolidation)

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📈 Indicators (MA5 & MA10 on volume):

• MA(5) and MA(10) have spiked with the volume burst, confirming momentum-based trading (possibly driven by news or whale activity).

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⚠️ Key Insights:

• High volume + strong breakout indicates short-term bullish strength.

• However, the retracement and tight candles show momentum is weakening.

• Watch for either a break above $158 to resume bullish momentum, or a drop below $153 for deeper correction.#Write2Earn #sol #solanAnalysis $SOL