SOL/USDT – Quick Analysis (3D Chart)
Price: $156.45 (+3.31%)
Trend: Short term in bullish recovery
EMAs:
EMA(7): 151.85 ✅
EMA(25): 153.25 ✅
EMA(99): 159.22 ❌ (strong resistance)
RSI(6): 57.43 — buying strength increasing
Volume: Rising, confirms positive reaction
Support: $150.00
Resistance: $159.22 (EMA99)
💥 Why is Solana bullish today?
The news of the day came from Solana Official itself:
💬 The exchange Bullish, with over $1.4 trillion in volume, is migrating its infrastructure to Solana, using native stablecoins for payments, custody, and settlement.
📣 This represents:
Institutional validation of Solana's technology
Increase in real volume on the network
Expectation of growth in on-chain stablecoin usage
Result?
➡️ Traders see this as strong fundamentals and start buying.
➡️ The chart responds with a green candle and EMAs crossing upward.
🎯 Suggested Strategy
If already holding:
Short target: $159.22 (EMA99)
Medium target: $171.99
Stop: below $150
If considering entry:
Wait for a pullback near $153–$154
Or enter on a clean breakout of $159 with increasing volume
📌 Summary:
Solana is bullish today due to fundamental reasons + technical confirmation.
Strong news drove buying, and the chart signals possible continuation if it breaks $159.
