Sentiment: Bullish
SOL is currently trading at $158.94, showing modest 0.68% gains over the past 24 hours amid substantial $607M trading volume. The technical picture reveals interesting dynamics – while price sits slightly below the 20-day SMA at $161.09, it remains above the 50-day SMA at $158.83, suggesting underlying strength. The RSI reading of 35.8 indicates SOL is approaching oversold territory, potentially setting up for a bounce. Current volatility at 4.9% reflects typical crypto market conditions. For traders, this presents a potential accumulation opportunity with tight stops below $155. The key resistance to watch is the $162-165 zone, where a decisive break could trigger momentum toward $170. Given the oversold RSI and strong volume profile, risk-reward appears favorable for long positions with proper position sizing.
Key Metrics
| Price | 158.9400 USDT |
| 24h Change | 0.68% |
| 24h Volume | 607509390.24 |
| RSI(14) | 35.81 |
| SMA20 / SMA50 | 161.09 / 158.83 |
| Daily Volatility | 4.90% |
Solana — 1h candles, 7D window (SMA20/SMA50, RSI).
