๐ SOL/USDT Technical Analysis (4H Chart) - August 15, 2024
๐ Solana (SOL) is currently trading at $142.06, showing a -3.22% decline in the past 24 hours. The price is below key moving averages, indicating a bearish trend.
๐ Key Levels to Watch:
Resistance: $144.56 (SMA 7) and $145.80 (SMA 25)Support: Current price around $142, with further support at $140.
๐ก The market is showing strong activity in the $142 - $145 range. With current sentiment leaning bearish, it might be wise to monitor these levels closely.
๐ What are your thoughts on Solana's current trend? Are you buying, holding, or waiting for a better entry?
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