SOL is currently trading near $239 with neutral momentum. The price has pulled back from recent highs but shows some stability around current levels. RSI is balanced at 51.5, indicating neither overbought nor oversold conditions.
Current Market Position
SOL is trading at $238.93, slightly below both the 20-day ($238.66) and 50-day ($243.33) moving averages. This suggests short-term weakness but no major trend breakdown.
Support and Resistance Levels
Key support sits around $236 (recent local min), while resistance is near $251 (recent peak). These levels help identify potential entry and exit points.
Trading Recommendation
Consider buying near support at $236 if price holds, with a target sell near $251 resistance. Current neutral RSI suggests waiting for clearer momentum before larger positions.
Beginner Recommendations
Advice: hold
Buy Price: 236 USDT
Sell Price: 251 USDT
Key metrics
Price | 238.9300 USDT |
24h Change | -2.52% |
RSI(14) | 51.49 |
SMA20 / SMA50 | 238.66 / 243.33 |
Daily Volatility | 2.93% |
Sentiment | Neutral |
Risk level | Medium |
Disclaimer: this material is for educational purposes only and does not constitute financial advice. Cryptocurrencies are highly volatile; always assess your own risk, investment horizon, and do your own research.