Market Update on $SOL /USDT
Solana (SOL) is currently trading at 181.17 USDT, showing steady movement within its 24-hour range of 175.69 (support) to 183.42 (resistance). Trading activity remains strong, with 2.98M SOL exchanged against 533.31M USDT in the past 24 hours, underscoring solid liquidity and active market participation. Despite intraday volatility, SOL continues to hold firm above the 175 level, reflecting resilience and ongoing interest from both retail and institutional traders.
Technically, SOL is positioned near the midpoint of its daily range, with buyers maintaining strength above 180. A breakout above 183.50 could spark a rally toward 188–190 USDT, while sustained selling pressure may bring the price back toward the 176–175 support zone, which is a key level for short-term accumulation. For traders, the current market favors a buy-on-dips approach near support with stop-losses set below 174.50, while momentum traders may look for confirmation above 184 for upside targets. With strong liquidity and growing ecosystem traction, SOL remains attractive for swing trades and intraday scalps.