SOL is trading at $143.27, up 3% in 24 hours. The RSI is overbought at 74, suggesting caution. Recent price action shows support near $135 and resistance at $144.63. Consider waiting for a pullback to buy.
Current Market Overview
SOL is currently at $143.27, above both the 20-day ($141.09) and 50-day ($138.89) moving averages, indicating a short-term uptrend. The 24-hour change is +3.03%, showing positive momentum.
RSI Indicator Warning
The RSI is 74, which is above 70 and considered overbought. This means SOL might be due for a price correction or consolidation soon. High RSI levels often precede pullbacks.
Support and Resistance Levels
Recent local lows (support) are around $135.44 and $134.69. Recent local highs (resistance) include $144.63 and $140.02. Use these levels to plan entry and exit points.
Trading Strategy
Wait for a dip to buy near support around $135. If you already hold SOL, consider taking profits near resistance at $144.63. Always use stop-loss orders to manage risk.
Beginner Recommendations
Advice: hold
Buy Price: 135.44 USDT
Sell Price: 144.63 USDT
Key metrics
| Price | 143.2700 USDT |
| 24h Change | 3.03% |
| RSI(14) | 74.20 |
| SMA20 / SMA50 | 141.09 / 138.89 |
| Daily Volatility | 4.83% |
| 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.
