$SOL ๐ง /USDT โ Market Breakdown
๐ฐ Current Price: $160.81
๐ Down -1.28% today
๐ Last 7 days: -13.37%
๐ 30 Days: +6.13%
๐ 180 Days: -22.20%
โซ High was $206.30 (recent top)
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๐ Key Technical Levels:
MA(7): $170.94 โ (resistance now)
MA(25): $175.64 โ
MA(99): $161.21 โณ (currently testing)
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๐ Chart Analysis:
โ Price is testing MA(99) = $161, a critical long-term support
โ Below MA(7) and MA(25) โ short-term trend is bearish
๐ Volume is low, indicating weak buyer interest
๐ Consistent red candles show selling pressure
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๐ฎ Possible Next Move:
๐ก 2 Scenarios:
1๏ธโฃ Bounce from MA(99) (~$160โ161 zone):
If buyers step in, SOL can retest $166โ172
Would still be under MA(25), but bullish sign
2๏ธโฃ Break below MA(99):
If price breaks below $159โ160 with volume: ๐ป Expect a drop toward $152 โ $145 zone (Next visible support from June-July range)
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โ What You Can Do:
๐๏ธ Buy Zone (for long-term):
$155โ160 is a decent DCA entry
Add more if price dips below $150
๐จ Wait (for short-term):
Look for candle closing above $165 to confirm bounce
Avoid buying mid-fall unless planning to hold long-term
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๐ง Verdict:
> Testing major support now!
If $160 holds โ bounce likely ๐
If broken โ dip to $150 range possible ๐ป
Buy slowly and watch volume next 1โ2 days
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