Here’s a technical breakdown of $SOL
SOL
193.2
+3.56%
/USDC Perpetual (Perp) from Binance:
🔍 SOL/USDC Overview
Metric Value
Last Price $194.08 📈
Mark Price $194.07
24h High $195.32
24h Low $184.96
24h Volume (SOL) 2.89M SOL
24h Volume (USDC) $546.24M 💰
INR Equivalent ₹54,995.47 (+3.69%) 📈
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📊 Market Depth & Levels
Zone Price ($)
🔺 Resistance 195.32 – 195.87 (testing)
💹 Current 194.08 (live trading)
🔻 Support 193.47 → 191.07
188.68 → 183.88 (key base)
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📈 Technical Indicators
Indicator Value Signal
MA(5) 163,484 Volume support (bullish) ✅
MA(10) 146,940 Strong mid-term backing 📈
Vol (Current) 79,656 Healthy liquidity & momentum 🔥
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🧠 Trade Outlook
🟢 Bullish Setup
Entry Zone: $192–$194
Target 1: $195.50
Target 2: $198+
Stop Loss: Below $190
Reason: Near resistance with strong volume — potential breakout
🔴 Bearish Risk
Entry: If price rejects at $195+
Target: $188 → $185
Stop Loss: Above $196
Reason: Failure to hold breakout range
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🕒 Timeframe Trend Summary
Timeframe Direction Signal
15m 🔼 Bullish Short-term buyers active
1h 🔼 Bullish Continuation likely
4h 🔼 Bullish Strong uptrend
1D 🔼 Bullish Higher highs & support
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✅ Summary
SOL/USDC is trading in a tight bullish range just under resistance. With strong volume and momentum, a clean breakout above $195.50 could push it into the next leg up. Watch closely for confirmation or rejection!
Would you like a chart visual or RSI/MACD analysis? 📉📊
#sol #BNBATH #TradingTales #BinanceSquareFamily #Write2Earn
