Solana Updates

[SOL/USDT Daily Technical Analysis]

Price: $143.75 (+1.71%)

1. MACD Indicator:

MACD is currently at +3.79 with a green histogram, indicating bullish momentum.

The DIF line has crossed above the DEA line — a potential buy signal.

2. Moving Averages (MA):

MA(7): $135.12

MA(25): $135.27

→ Price is above both short-term MAs, showing bullish strength.

MA(99): $183.38

→ Medium-term resistance lies ahead.

3. Volume:

Stable trading volume. An increase in volume could push SOL higher.

4. Key Levels:

Support: $130 – $135

Resistance: $147.50 (short-term), then $153.65

Summary:

SOL is showing early signs of a recovery. If market sentiment remains positive, we may see a breakout toward $150+. However, a drop below $135 could invalidate this bullish move.

Not financial advice. DYOR.

#SOL #TechnicalAnalysis #crptoanalysis