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HomeCoinsSolanaSolana price analysis (Bullish) — 243.92 USDT (-0.20% 24h)

Solana price analysis (Bullish) — 243.92 USDT (-0.20% 24h)

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Market Insight — SOLUSDT
Sentiment: Bullish

SOLUSDT is currently trading at $243.92, showing a slight 24-hour decline of -0.196%. The RSI reading of 17.73 indicates severely oversold conditions, which historically presents potential buying opportunities. Price is trading just below the 20-day SMA ($247.21) but above the 50-day SMA ($243.06), suggesting near-term consolidation with underlying strength. The 24-hour volume of $925M demonstrates healthy liquidity, while volatility remains moderate at 2.88%. Given the extreme oversold RSI and price holding above key moving averages, I recommend accumulating positions on any dips below $240. Set stop losses around $235 and target resistance levels at $250-255. The current setup favors long positions with careful risk management.

Key Metrics

Price 243.9200 USDT
24h Change -0.20%
24h Volume 925434446.05
RSI(14) 17.73
SMA20 / SMA50 247.21 / 243.06
Daily Volatility 2.88%

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

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