📊 $SOL Market Snapshot

🔹 Trend & Moving Averages:

SOL is trading above its 20-day MA ($148.67) but facing resistance at the 50-day MA, creating a crucial resistance zone. The MACD histogram remains negative, yet bars are shortening – indicating building bullish momentum despite underlying divergence. Caution remains as reversal risks persist.

🔹 Indicators:

KDJ: Neutral (43-51)

RSI: 51.07 (Neutral Zone)

→ Sentiment lacks clear direction.

🔹 Key Levels:

Support: $146 – $149

Resistance: $160 – $165

A clean breakout above $165 could unlock an upward channel for further gains.

🔹 Volume-Price Dynamics:

Rising prices with shrinking volume hint at weakening momentum. Watch for volume alignment to confirm any upside move.

🔹 Event Catalyst:

The staking ETF launched with $33M first-day volume, combined with upcoming ecological upgrades (Turbo expansion plan) and potential token launches on platform X – these could provide the momentum needed for a breakout.

$SOL