SOL is currently trading at $218.33, showing a slight downtrend with mixed signals. The RSI is neutral, but price is below key moving averages. Recent volatility suggests caution.
Current Price Action
SOL dropped from $240 to around $218 in the last 48 hours. The price is now below the 20-day and 50-day averages, indicating short-term weakness.
Key Support and Resistance
The nearest support level is $217.10 (recent low). Resistance is at $223.74 (recent high). These levels help identify entry and exit points.
RSI and Volume
RSI is 47, which is neutral—not overbought or oversold. Volume has been high during price drops, suggesting selling pressure.
Trading Strategy
Consider buying near support at $217 if the price holds. Sell near resistance at $224 if the price recovers. Always use stop-losses to manage risk.
Beginner Recommendations
Advice: hold
Buy Price: 217.1 USDT
Sell Price: 223.74 USDT
Key metrics
Price | 218.3300 USDT |
24h Change | -2.07% |
RSI(14) | 47.07 |
SMA20 / SMA50 | 219.33 / 228.29 |
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.