SOL is currently trading at $185.30, showing a slight downtrend with mixed signals. The price is near the 20-day SMA but below the 50-day SMA, indicating potential consolidation. RSI is neutral at 50, suggesting balanced momentum.
Current Market Position
SOL is at $185.30, down 4.85% in 24 hours. It’s trading close to the 20-day average ($184.97) but below the 50-day average ($191.40), which may act as resistance.
Key Support and Resistance
Recent local lows show support near $179–$192, with the strongest at $179.06. Resistance levels are between $198–$203, with $200.75 as a recent peak.
Momentum and Volume
RSI at 50 indicates neither overbought nor oversold conditions. Volume has been steady, with spikes during price drops, suggesting some selling pressure.
Trading Strategy
Consider buying near support at $180 (based on the $179.06 local min) and selling near resistance at $198 (based on the $198.17 local max). This provides a clear risk-reward setup.
Beginner Recommendations
Advice: hold
Buy Price: 180 USDT
Sell Price: 198 USDT
Key metrics
| Price | 185.3000 USDT |
| 24h Change | -4.85% |
| RSI(14) | 49.97 |
| SMA20 / SMA50 | 184.97 / 191.40 |
| Daily Volatility | 3.73% |
| 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.
