🔹 $SOL /USDT Overview
Current Price: $154.99
24h Change: -3.06% 🔻
Category: Layer 1 Blockchain
Exchange: Binance
24h High / Low:
High: $160.12
Low: $154.14
24h Volume:
SOL: 2.02 million
USDT: $315.21 million
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📊 Key Technical Levels
Level Price Notes
Resistance $156.00–156.50 MA60 zone + recent upper wick rejections
Current $154.99 Trading just below MA60 (bearish short-term)
Support 1 $154.10 Daily low and near current support zone
Support 2 $152.80 Prior range low, possible breakdown risk
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📈 Indicator Summary
Indicator Value Signal
MA60 $155.58 Slightly above price → bearish pressure
MA(5) 2,589 SOL High short-term activity
MA(10) 2,071 SOL Steady but slightly falling
Volume (last candle) 1.3K SOL Lower than average volume
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🔍 Market Sentiment
Short-term bearish, with SOL failing to reclaim MA60 and declining from $160 resistance.
Slight buyer defense near $154.10, but overall trend is corrective for now.
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🧭 Trade Scenarios
Strategy Entry Target Stop-Loss
Range Scalping $154.00–155.00 $156.00–157.00 < $153.70
Breakout Long Break > $160.20 $162.80–165.00 < $158.80
Short Setup Rejection near $156.50 $154.00, then $152.50 > $157.20
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⚠️ Watch For
If volume increases near $154, bulls might attempt a bounce.
Reclaiming MA60 ($155.58) would shift short-term structure more neutral/bullish.
Caution advised in case of broader market volatility (watch BTC).
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✅ Summary
SOL is pulling back, with modest support near $154 but clear resistance at $156–160.
The chart favors short-term cautious trades, with potential bounce plays if BTC steadies.
Low volume confirms weakness, so avoid aggressive entries unless strong momentum appears.
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