The latest information on $SOL

/USDT (Solana against Tether) shows:

Current Price: $189.20, with a 1.78% increase over the last period.

24h High: $191.95

24h Low: $184.74

Trading Volume:

$SOL Volume: 4.37 million SOL

USDT Volume: 821.20 million USDT

Moving Averages:

MA(5): 96,595.22 SOL

MA(7): $187.50

MA(10): 105,801.05 SOL

MA(25): $187.87

MA(99): $171.80

Technical Analysis Summary:

Trend: Solana is trading above its 99-period moving average, which generally indicates a long-term bullish trend. However, it is close to its short-term moving averages, suggesting moderate momentum.

Support Levels: The recent 24h low of $184.74 could serve as immediate support.

Resistance Levels: The 24h high at $191.95 may act as resistance if the upward trend faces selling pressure.

The current volume of 52,834 $SOL is notable, indicating active interest and liquidity, possibly leading to near-term volatility. Watching for a breakout above $191.95 or a dip below $184.74 could provide signals for Solana's short-term direction.

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