In today's session, SOL/USDT is showing strong short-term momentum, currently trading at $161.88, up +2.03%. The price action on the 15-minute chart reflects a volatile but overall bullish structure.
📈 Key Market Highlights:
24h High: $163.14
24h Low: $156.28
Average Level (AVL): $162.20
Moving Averages:
MA(5): 36,929
MA(10): 37,419
MACD Reading: DIF 0.12, DEA 0.07, indicating a bullish crossover and upward momentum.
📊 Technical Overview: The MACD crossover shows positive momentum, while volume spikes suggest increasing buying interest. If SOL breaks the resistance at $163.14, the next potential upside target could be around $165.
🔻 Caution Zone: If the price drops below the $160 support level, short-term selling pressure may increase. It's essential to use proper stop-loss and risk management strategies in this zone.
💡 Trader’s Tip: For short-term traders on Binance, the current price action above $160 is a good signal. A pullback entry or breakout above resistance can offer solid opportunities. Always monitor volume and trend strength before entering positions.$SOL