$SOL Analysis
đ¨ SOL/USDT Technical Update đ¨
Solana is currently trading at $143.71, down -2.59% in the last 24 hours. After a sharp dip to a low of $142.41, the price is showing signs of recovery with a green candle, hinting at possible buyer interest.
Key levels to watch: $142.41 as a strong support level, while $144.79 and $149.92 act as immediate resistance zones. A break above $144.79 could fuel a rally towards the $149.92 high, while a failure to hold $142.41 could lead to further declines.
MACD indicates bearish momentum is weakening, so a potential bullish reversal is in play. Ideal entry would be a confirmed breakout above $144.79, with a tight stop below $142.41 to manage risk.
Stay alert for the next big move! đ #SOL #CryptoAnalysis #BTCReboundsAfterFOMC
