SOL/USDT has shown a slight upward movement, currently trading at $130.58, which is a 0.28% increase from the previous day. The 24-hour high and low are $132.40 and $128.91, respectively, indicating a moderate trading range. The volume of SOL traded over the past 24 hours is 1.94M, with a substantial USDT volume of 254.65M. Short-term moving averages reflect a potential bearish trend, as the 7-period EMA is at 131.61, below the 25-period EMA of 133.51, and the 99-period EMA of 134.91. If SOL fails to regain strength and cross above the EMA levels, it may continue to face downward pressure, potentially testing lower support levels around $127.00 and $119.01#BinanceLaunchpoolHMSTR #FTXSolanaRedemption
