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.

$SOL

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