#SOL/USDT Analysis – Short-Term Bearish, Long-Term Bullish 📉📈
SOL/USDT is trading at $152.83 (-2.63% today), with a 24h range of $150.99–$158.80. Here’s the breakdown:
Short-Term (Bearish) 🐻
Price is below 7-day MA (156.44) and 25-day MA (157.32) – weak momentum.
Rejected at $153.98 high, now testing support at $150.99.
A break below $150.99 could trigger further downside to $148–$145.
Long-Term (Bullish) 🐂
99-day MA (155.81) is key – reclaiming this could signal a reversal.
High trading volume ($531M USDT) shows strong interest.
SOL’s Layer 1 / Layer 2 fundamentals remain strong.
Trade Plan 🎯
Short Entry: If $150.99 breaks (target $148–$145).
Long Entry: Wait for a close above $156.44 (7-day MA).
Caution: 20x leverage = high risk! Use stops. ⚠️
