SOL is trading near key support levels after recent volatility. Current metrics suggest a neutral short-term outlook with defined entry and exit points.
Current Market Position
SOL is at $158.05, slightly above its 20-day average ($157.66) but below the 50-day average ($158.71). The RSI at 57 shows neither overbought nor oversold conditions.
Recent Price Action
Price dropped to a low of $151.64 before recovering. It’s now consolidating between support near $156 and resistance around $164.
Trading Strategy
Consider buying near support at $156 (recent local minimum) and selling near resistance at $164 (recent local maximum) for short-term trades.
Risk Management
Always use stop-loss orders below your buy price to limit potential losses. Crypto markets can be volatile, so only invest what you can afford to lose.
Beginner Recommendations
Advice: hold
Buy Price: 156 USDT
Sell Price: 164 USDT
Key metrics
| Price | 158.0500 USDT |
| 24h Change | -1.56% |
| RSI(14) | 56.70 |
| SMA20 / SMA50 | 157.66 / 158.71 |
| Daily Volatility | 5.04% |
| 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.
