SOL is currently trading at $245.29 with oversold RSI conditions, suggesting potential for a rebound. The price is near recent support levels with moderate risk.
Current Market Position
SOL is trading at $245.29, slightly above the 50-day SMA of $242.92 but below the 20-day SMA of $247.40. The RSI at 29.66 indicates oversold conditions, which often precede price bounces.
Support and Resistance Levels
Recent local support is around $244.28, while resistance sits near $251.38. The price has been consolidating between these levels, showing stability.
Trading Recommendation
Consider buying near support at $244 for potential upside toward resistance at $251. The oversold RSI and positive 24-hour change support a cautious bullish outlook.
Beginner Recommendations
Advice: buy
Buy Price: 244.0 USDT
Sell Price: 251.0 USDT
Key metrics
| Price | 245.2900 USDT |
| 24h Change | 0.46% |
| RSI(14) | 29.66 |
| SMA20 / SMA50 | 247.40 / 242.92 |
| Daily Volatility | 2.86% |
| Sentiment | Bullish |
| 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.
