Solana (SOL) Market Update:
đ $SOL /USDT Technical Analysis (10th Oct 2024):
Current Price: $136.20 - $136.73 (-3.19% 24h)
24h High: $136.73 | 24h Low: $135.96
24h Trading Volume: 141.43 SOL / 308.93M USDT
đ Technical Indicators:
Moving Averages: Price is hovering around key support levels with both MA & EMA signaling potential consolidation.
Bollinger Bands: Narrowing bands suggest reduced volatility, signaling a possible breakout ahead.
MACD: Indicates neutral to bearish momentum.
RSI: Current levels suggest SOL is nearing oversold territory, signaling potential for a rebound.
đĄ Market Sentiment:
Current retracement offers possible entry points for long-term holders as we approach key support levels. Stay tuned for potential moves as the market awaits stronger buying pressure.
đ Time to keep an eye on SOL's price action!
