📊$SOL SOL/USDT Market Update
Current Price: $216.52 (+0.12%)
24H High: $223.18
24H Low: $213.23
Volume (24H): 2.80M SOL
🛠 Technical Analysis:
Moving Averages:
7-Day MA: $217.59 (acting as immediate resistance).
25-Day MA: $217.50.
99-Day MA: $215.46 (critical support level).
Trend Overview: After peaking at $223.18, SOL is consolidating near $216, suggesting potential for a retracement or a continuation of the bullish trend depending on volume strength.
💡 Key Levels to Watch:
Resistance: $218.79 – A breakout could test $223.00 again.
Support: $213.00 – A breakdown might push SOL to $208.82.
🔍 Trading Insights:
For Bulls: Focus on reclaiming $218.79 with volume for bullish confirmation.
For Bears: Watch for a breakdown below $215.00 to target lower levels.
Stay tuned for further updates as SOL navigates these key zones!
#Solana #SOLUSDT #BinanceTrading #CryptoAnalysis #TradingSignals