#SECETFApproval SOL/USDT 4H Analysis – Bullish Bias Building Above Key Support
Current Price: $151.44 (+1.62%)
📊 Market Overview
Solana is showing signs of stabilization above key support levels, with short-term momentum gradually shifting in favor of bulls. The price is hovering just above the MA-50 and MA-200, forming a solid base for potential upward movement.
📈 Technical Analysis
Moving Averages:
• Price is above MA-7 (150.91) and MA-25 (149.80)
• Bullish alignment with MA-50 (149.95) and MA-200 (148.59) which are below the price
• Consolidation between $149–$152 indicates accumulation
MACD:
• Positive crossover (DIF: 0.43 > DEA: 0.29)
• Histogram slightly green → bullish momentum starting to form