🔍 Analysis of SOL/USDT (1H) 📉
Solana has shown a strong correction in the last few hours, with the price falling below key moving averages. Currently, it is trading at 174.35 USDT, finding resistance at 176.81 USDT. Traders should keep an eye on support levels at 173.43 USDT and consider buying opportunities if the price rebounds at that level.
👉 What to expect in the short term?
With a slight check underway, the downtrend could continue if volume does not increase, but if SOL maintains support at 173.43 USDT, we could see a potential bullish reversal towards 180 USDT.
💡 Recommendation:
Watch transaction volume and moving average movements to identify a possible buying opportunity. Don't forget to manage your risks! 🚀