$SOL
/USDT Technical Report – 13 July 2025
The SOL/USDT pair is showing a positive trend in the last 24 hours. The current price is $163.45, which reflects a +1.97% increase. This steady rise suggests growing interest and confidence among traders and investors.
During the last 24 hours, the highest price reached was $164.19, while the lowest price dropped to $157.74. These price levels show that SOL had healthy movement and strong activity within the range. The price is now trading closer to the top of this range, indicating bullish momentum.
The 24-hour trading volume is also impressive, with 1.65 million SOL traded. On the USDT side, the volume hit $265.37 million, showing strong liquidity and active participation in the market. High trading volume is often a good sign that a coin has investor attention and potential for further moves.
In the depth chart, we can see that the buy orders are active around $162.06 to $163.62, while sell orders are stacked near $164.83 to $165.19. This means there is buying support below the current price and resistance just above it. If SOL breaks above the $165.19 resistance, it could signal a strong bullish breakout.
From a technical view, SOL is showing short-term strength. The market seems to be building a support base around $160. If this level holds, we may see another attempt to break above $165 in the near term.
Conclusion:
SOL/USDT is currently in a bullish phase with good price strength and high trading volume. If it continues to hold above $160 and breaks $165 resistance, the next possible target could be around $170. However, traders should watch market volume and support levels closely. This is a good time for both short-term and swing traders to stay alert for opportunities.