š¦š¢š/šØš¦šš§ šš ššµš®šæš šš»š®š¹ššš¶š: ššš¹š¹š¶ššµ š š¼šŗš²š»šššŗ šš¶ššµ šš²š šš²šš²š¹š šš¼ šŖš®šš°šµ šš This is a 1-day candlestick chart for SOL/USDT on Binance from TradingView, covering roughly mid-April to early May 2025. The current price is $148.05 š, reflecting a 0.96% increase over the last 24 hours. The 24-hour high is $149.50, the low is $145.38, with a trading volume of 2.49M SOL and 366.74M USDT š¹. The chart shows a recent uptrend with higher highs and higher lows, signaling bullish momentum š.
**Price Action & Signals:** - The candlesticks show a strong upward move around late April, followed by a slight consolidation near $148.05. The price briefly touched $149.50 but pulled back, indicating potential resistance around $150 š§. - A green candlestick at the end suggests buyers are still in control, but the smaller body compared to previous days hints at possible indecision or profit-taking š¤. - The price is above the recent support level around $145, which aligns with the 24-hour low. A break below this could signal a bearish reversal š».
**Volume Analysis:** - The Volume SMA (Simple Moving Average) shows a spike in late April, correlating with the price surge š. This confirms strong buying interest during the uptrend. - Current volume is around 1.52M SOL, lower than the peak but still healthy, suggesting sustained interest. A drop in volume on a price decline could indicate weakening momentum ā ļø.
Potential Signals: - Bullish Signal:If the price breaks above $150 with increasing volume, it could target the next psychological level at $160 š. - Bearish Signal: A drop below $145 with high selling volume might lead to a retest of lower support around $140 š½. - **Watch for Consolidation:** The current price action near $148 suggests a possible consolidation phase. A breakout above $149.50 or a breakdown below $145 will confirm the next trend š
#XRP The whole market is bearishš It is on sale, now is when you should buy, not only XRP is going down, the whole market is down, #comprenXRP š«” āļø