SOL/USDT (Solana) CHART ANALYSIS;
๐ Short-Term View: Bearish
Price: $152.93
Change Today: -2.42% ๐ป
7-Day Performance: -10.00% ๐ป
Price is below the MA60 (153.92) โ short-term bearish signal
Recently broke below and is attempting to recover โ but struggling near resistance
๐ Short-term sentiment: Bearish
---
๐ Mid to Long-Term View: Mixed
Period Change (%) Trend
30 Days +4.26% ๐ข Mild Bullish
90 Days +6.77% ๐ข Mild Bullish
180 Days -35.99% ๐ป Bearish
1 Year -9.96% ๐ป Bearish
30 & 90 days show mild recovery
However, 180-day and 1-year performance is negative, showing macro weakness
๐ Mid-term sentiment: Mild Bullish
๐ Long-term sentiment: Bearish
---
๐ Conclusion
Current trend: Bearish
Attempting recovery, but below key moving average
Not yet a confirmed reversal
Needs to hold above $151.28 (24h low) and break above $157.97 (24h high) to show bullish strength