$SOL /USDT: Solana Gains Momentum with a 1.02% Increase đ
Solana ($SOL ) is trading at 155.02 USDT, up by 1.02% in the past 24 hours. The price briefly touched a high of 158.44 USDT before consolidating. $SOL continues to show bullish potential, holding above key support levels, with traders eyeing the next move.
Key Levels to Monitor đŻ
1. 158.44 USDT â Immediate resistance level. A break above this could spark further gains.
2. 160.00 USDT â Psychological target and potential breakout zone.
3. 162.50 USDT â A short-term target aligning with Fibonacci levels.
4. 152.57 USDT â Key support where buyers may re-enter.
5. 148.78 USDT â The 99-day MA, acting as strong long-term support.
Moving Averages Indicate Uptrend Potential đ
MA(7): 154.95
MA(25): 155.47
MA(99): 148.78
The price staying above the 99-day moving average shows bullish sentiment in the long term. Short-term consolidation between the 7-day and 25-day averages suggests buyers are regrouping for the next rally.
Volume Insights
24h SOL Volume: 3.38M SOL
24h USDT Volume: 524.93M USDT
High trading volumes indicate strong market interest. A volume breakout could push SOL above key resistance levels, triggering fresh buying momentum.
Is Solana preparing for another rally, or will consolidation continue? Stay ahead of the trend and trade smart on Binance!
