$SOL

The current price of SOL/USDT is $193.86, reflecting a steep decline of 10.37% over the past 24 hours. The trading activity is high, with a 24-hour volume of 4.71M SOL, equivalent to approximately $969.62M USDT. The price has fluctuated between a high of $216.77 and a low of $193.78, indicating significant downward pressure.

From a technical standpoint, SOL is trading below key moving averages:

7-day MA: $210.09

25-day MA: $200.35

99-day MA: $196.18

This suggests that short-term and mid-term momentum remains bearish. The MACD indicates continued selling pressure, while the RSI points toward oversold levels, hinting at the possibility of a short-term price rebound.#MicroStrategyAcquiresBTC #BinanceMegadropSolv #BullCyclePrediction