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$SOL 💯💯💯💯⭐⭐⭐
SOL/USDT Technical Analysis – 13th January 2025 🚨
🔍 Current Price: $183.96 (Rs. 51,376.34)
📉 24H Performance: Down by 1.43%.
Market Overview
24h High: $191.99
24h Low: $183.88
24h Volume (SOL): 1.78M
24h Volume (USDT): $334.94M
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Key Technical Indicators
1️⃣ Moving Averages (MA):
MA (5): $46,066.976 – Short-term pressure suggests consolidation.
MA (10): $57,955.745 – Sellers dominate, but buyers are defending key support levels.
2️⃣ MACD (Moving Average Convergence Divergence):
Current trend indicates slight bearish momentum but may reverse if volume supports buying pressure.
3️⃣ BOLL (Bollinger Bands):
Price is near the lower band, hinting at possible oversold conditions. Watch for a bounce.
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Targets 🎯
1. Immediate Support – $180.00:
Critical level to monitor. If broken, SOL might test lower zones at $175.
2. Short-term Target – $190.00:
Recovery above $185 can push SOL to retest $190. Close above this level signals bullish confidence.
3. Mid-term Target – $200.00:
A break and sustain above $190 with strong volume can pave the way to $200, marking a psychological resistance level.
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📊 Recommendation:
Traders: Look for opportunities near $183-$180 for potential buy entries with a stop-loss around $179.
Investors: Focus on gradual accumulation if SOL holds above $180.
#Binance #SOLUSDT! #CryptoTrading