SOL/USDT – 1D Chart Update
Price: $147.87 (-0.84% in the last 24h)
Technical Outlook:
• SOL continues its recovery from the local bottom at $95.19.
• The price is holding above the MA(25) ($132.67), but slightly below the MA(7) ($149.57), indicating a short-term pullback after recent upward momentum.
• The MA(99) at $158.81 acts as the nearest resistance. A breakout could lead to further upside toward $166–$180.
• MACD remains positive (1.26), showing bullish momentum, though it’s slowing.
• RSI(6) is around 63.5, near overbought territory, suggesting potential short-term consolidation or a minor pullback.
• Trading volume has normalized after a recent surge, indicating consolidation.
Conclusion:
SOL remains technically strong above key moving averages. Holding above the MA(25) and breaking through the MA(99) could open the way to the $166–$180 zone. Short-term consolidation between $145–$153 is likely before a new breakout attempt.
