Live Crypto Markets

HomeCoinsSolanaSolana price analysis (Bullish) — 143.92 USDT (+3.10% 24h)

Solana price analysis (Bullish) — 143.92 USDT (+3.10% 24h)

-

Market Insight — SOLUSDT
Sentiment: Bullish

SOL is showing robust momentum, trading at $143.92 with a solid 3.1% gain over the past 24 hours. The current price sits comfortably above both the 20-day SMA ($141.48) and 50-day SMA ($139.01), indicating sustained bullish pressure. However, the RSI reading of 66.33 suggests SOL is approaching overbought territory, which could trigger near-term consolidation. Trading volume remains healthy at $552 million, supporting the current price action. The 4.83% volatility reading indicates typical crypto market swings. For traders, consider taking partial profits near resistance around $145-147 while maintaining core positions. New entries might wait for a pullback toward the $140 support level for better risk-reward. Stop losses should be placed below $138 to protect against any sudden reversal. The overall structure remains constructive, but discipline is key at these levels.

Key Metrics

Price 143.9200 USDT
24h Change 3.10%
24h Volume 552146968.36
RSI(14) 66.33
SMA20 / SMA50 141.48 / 139.01
Daily Volatility 4.83%

Solana — 1h candles, 7D window (SMA20/SMA50, RSI).

LEAVE A REPLY

Please enter your comment!
Please enter your name here

LATEST POSTS

Upbit Exchange Suffers $36M Solana Hot-Wallet Security Incident

South Korea's premier cryptocurrency trading platform Upbit has confirmed a significant security breach involving its Solana hot-wallet infrastructure, resulting in approximately $36 million in unauthorized...

Thailand Orders Worldcoin to Erase 1.2 Million Iris Scans Amid Data Privacy Concerns

In a significant regulatory move, Thailand's Personal Data Protection Commission (PDPC) has mandated Worldcoin, the digital identity cryptocurrency initiative, to permanently delete all biometric data...

Bolivia Advances Financial Modernization with Cryptocurrency and Stablecoin Integration

In a strategic move to address economic challenges and align with global financial trends, Bolivia has announced plans to formally integrate cryptocurrencies and stablecoins into...

Australia Advances Landmark Crypto Regulation Framework Under Financial Services Laws

The Australian government has progressed pivotal legislation that will integrate cryptocurrency platforms into the nation's established financial regulatory framework. This initiative mandates that digital asset...

Most Popular

spot_img