$SOL / USDT ā Consolidating Around $147.90, Next Move Imminent? š§
Solana is currently trading near $147.90 on Binance, showing some sideways action on the 4-hour chart after recent volatility.
Key Observations:
* Price is hovering around the $148 level.
* Trading within a relatively tight range in the short term.
* Showing signs of indecision between buyers and sellers.
Potential Outlook:
* A break above the recent high of $153.40 could indicate renewed bullish momentum.
* A drop below the recent low of $145.32 might suggest further downside.
Keep an Eye On:
* Breakout direction and accompanying volume.
* Broader market trends for influence.
Always remember to conduct your own thorough analysis before making any trading decisions. Stay safe!
