$SOL If you want to trade solana, here are some detailed information.
Solana (SOL) Trading Snapshot – April 9, 2025
Current Price: $105.97
24h Change: –0.97%
Volume: $10.61M
7-Day Performance: –13.6%
30-Day Performance: –22.6%
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Recent Price Action (Daily Close & % Change):
Apr 08: $105.90 (–0.97%)
Apr 07: $106.93 (+0.99%)
Apr 06: $105.89 (–12.00%)
Apr 05: $120.33 (–1.98%)
Apr 04: $122.77 (+4.84%)
Apr 03: $117.10 (–0.18%)
Apr 02: $117.31 (–7.39%)
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Technical Indicators (Daily Timeframe):
RSI (14): 46.2 – Neutral zone
MACD: –0.284 – Bearish crossover
ADX (14): 36.1 – Strong trend forming
Williams %R: –65.6 – Near oversold
EMA 20 / 50: Bearish alignment
Stoch RSI: Below 30 – Oversold
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Support & Resistance:
Key Support: $100.00
Short-Term Resistance: $112.00
Breakout Zone: Above $118
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Trade Mindset:
Bearish Bias: Momentum indicators lean negative; short-term relief rally possible but caution advised.
Oversold Watch: RSI & Stoch hint at potential bounce if $100 holds.
Volume Spikes: Watch for volume surges around support/resistance levels for directional confirmation.
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Summary:
Solana is under pressure after breaking below the $110 level with increasing volatility. Consolidation may occur near $100. Traders may consider waiting for bullish confirmation or volume-backed reversals before entering long positions.
Next Move?
If market stabilizes and macro fears (like tariffs or regulation) ease, a retest of $118–$120 is plausible in the coming week.
NOTE: DYOR Before investment into crypto.
