📉 $SOL /USDT – Pullback Deepens After Local High, Traders On Edge 📈
Solana ($SOL) has dropped to $147.25 (-3.07%), extending its correction after peaking at $154.21 in the past 24 hours. The market is showing clear signs of a short-term bearish trend as price slips below the Parabolic SAR resistance.
Key Highlights:
24H High: $154.21
24H Low: $144.87
24H Volume: 4.17M SOL / $625.45M USDT
Current SAR Level: $148.52 (acting as resistance)
Technical Insight:
After a solid rally from $133.62 to $154.21, $SOL has failed to hold above $150 and is now under bearish pressure. The price is currently testing a minor support zone, with SAR dots above the candles signaling a continued downtrend.
Traders Watch:
Reclaim of $148.52 may open short-term bullish opportunities.
Breakdown below $144.87 could lead to a test of $141.77 and $137.29 next.
Pro Tip: Avoid long entries unless SOL reclaims $150 with strength. Monitor volume and SAR reversal signals for a safe reentry.
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