๐Ÿ“‰ $SOL

USDT โ€“ Market Snapshot

Current Price: $214.25

Price Change (Today): -1.08%

24h High: $219.79

24h Low: $210.79

24h Volume:

SOL: 5.14 million

USDT: $1.11 billion

Exchange: BINANCE

Volatility: Mild, with price holding within a ~4.5 point range

๐Ÿงฎ Moving Averages

MA(60): $214.73

โ†ณ Price is slightly below this key level, suggesting minor bearish pressure.

MA(5): 3,635.008

MA(10): 2,826.275

(These seem like volume-based moving averages, not price.)

๐Ÿ” Order Book Insight

Bid Side: 21.25%

Ask Side: 78.75%

๐Ÿ”ด Significant sell-side pressure โ€” bears likely preparing to push lower unless buyers step in.

๐Ÿ“Š Momentum & Indicators (Estimates)

Indicator Condition (Estimated)

MACD Likely flattening after recent push up โ€” cooling momentum

RSI Estimated around 50โ€“55, suggesting consolidation

KDJ May be turning bearish โ€” indecisive candle structures forming

โœ… Key Technical Levels

Level Type Price

Immediate Support $210.79

Short-Term Resistance $215.50โ€“$216.00

Key MA (60) $214.73

Breakout Confirmation Above $219.80

Breakdown Trigger Below $210.00

๐Ÿง  Trade Strategy & Bias

๐Ÿ”ป Bearish Bias (Short-Term)

If price stays below $214.70 (MA60) and sells through $210.79,

โ†’ Expect potential dip to: $207 โ†’ $200

๐Ÿ”ง Futures Short Setup:

Entry: Below $210.50

Targets: $207 โ†’ $200

Stop: Above $216

๐Ÿ”ผ Bullish Case (Only If...)

If SOL reclaims and holds above $216,

โ†’ Next leg up toward $219.80

โ†’ Breakout above that opens path to $225โ€“$230

๐Ÿ”ง Spot Long Setup:

Entry: On reclaim of $216

Target: $220 โ†’ $225

Stop: Below $212

๐Ÿช™ Market Context & Performance

Timeframe Return

7 Days +7.52%

30 Days +17.79%

90 Days +30.66%

180 Days +72.08%

1 Year +66.32%

๐Ÿ“Œ Conclusion: SOL is in a strong mid-term uptrend, but showing short-term weakness near resistance. A clean break below $210 may trigger further profit-taking before another leg up.

#Write2Earn

#signal

#Market_Updates #coinanalysis #sol