$SOL /USDT chart, the current price is $133.31, reflecting a 2.59% decline over the last 24 hours. The coin reached a high of $137.95 and a low of $132.81 within the same period, showing significant volatility. Market volume remains strong with 1.55M SOL traded.
Currently, there is a bearish trend forming after peaking at $139.80, with resistance at this level and support near $132.81. Short traders could take advantage of a break below $132.80, aiming for a target of $130 with a stop loss at $134.50. Long traders may look for a rebound above $135.50, targeting $137.95, while setting a stop loss at $132.
SOL has recently experienced high volatility, and this decline could present opportunities for both short and long traders depending on further market signals. Keep an eye on broader market conditions and volume changes to adjust strategies accordingly.
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