📈 Current Price: $153.06
📊 Volume (24h): 20.87M SOL | 3.20B USDT
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✅ Market Snapshot
Solana (SOL) is showing signs of a short-term bullish recovery after bouncing from the local support at $149.59. As of now, the price is pushing toward the 15-min resistance around $154.94, reflecting growing bullish momentum.
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📊 Technical Indicators
EMA Crossovers:
EMA(7): 152.42 (Above EMA25 and EMA99)
EMA(25): 152.08
EMA(99): 152.51
✅ Bullish crossover confirmed, supporting short-term uptrend.
MACD:
MACD Line: 0.28
Signal Line (DEA): -0.21
✅ Positive histogram with widening bars suggests buying strength increasing.
Volume:
Gradual increase in green volume bars confirms buyers stepping in post pullback.
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🎯 Key Levels
Resistance:
$154.94 – Recent swing high. Breakout here could open the path toward $156.33 (24h High).
Support:
$152.00 – Minor support at EMA levels.
$149.59 – Strong 24h low support; a breakdown here may invalidate the bullish outlook.
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📌 Trade Strategy
🟢 Bullish Bias (Short-Term Intraday)
Entry Zone: $151.50 – $153.00 (preferably on slight pullback)
Target 1: $154.90
Target 2: $156.30
Stop Loss: $149.20 (below local low)
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⚠️ Risk Management Note
Given that the chart is on a 15-minute timeframe, these signals are short-term and suitable for scalp or quick trades. For swing trades or longer holds, it’s essential to assess higher timeframes (1H, 4H) for confluence.
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