$SOL ๐Ÿค‘๐Ÿ’ฐ๐Ÿ’ฑ๐Ÿ’ฒ

Current Price: 242.36 USDC (SOL/USDC)

#Analaysis๐Ÿ”ฅ๐Ÿ”ฅ๐Ÿ”ฅ๐Ÿ”ฅ๐Ÿš€

24h High: 253.67 USDC

24h Low: 240.25 USDC

24h Volume (SOL): 1.03M SOL

24h Volume (USDC): 253.97M USDC

Taker Fee: Standard for Layer 1

Moving Averages:

MA (60): 241.83 USDC

MA (5): 213.39 USDC

MA (10): 302.85 USDC

Recent Price Action:

Last price on Binance: 242.12 USDC

Last update: 2025-09-19 19:06 UTC

Price #analysisโ–ถ๏ธ :

Short-term Trend: The price is currently hovering around 242.36, which is slightly above the 24-hour low (240.25) but well below the high (253.67). This suggests a moderate downtrend in the last 24 hours.

Support and Resistance: The nearest support level seems to be around the 240-241 range (near the low and MA60). Resistance could be closer to 250-253, where the recent high was reached.

Recent Movement: Prices have been fluctuating within a narrow band (240-253), so itโ€™s possible that the next 24 hours might see a continuation of this range-bound trading unless a breakout occurs.

Potential 24h Outlook:

Bullish Scenario: If SOL breaks above the 250 level, it could target 253 or higher. Look for high volume and momentum to support this move.

Bearish Scenario: If the price fails to hold above 240, a dip towards the 230 range could be likely. Watch for volume spikes or news events that could impact the broader market sentiment.

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