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HomeCoinsSolanaSolana price analysis (Neutral) — 239.32 USDT (-1.88% 24h)

Solana price analysis (Neutral) — 239.32 USDT (-1.88% 24h)

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Market Insight — SOLUSDT
Sentiment: Neutral

SOLUSDT is currently trading at $239.32, showing a slight decline of 1.88% over the past 24 hours. The price is hovering just above the 20-day SMA at $238.59 but remains below the 50-day SMA of $243.22, indicating potential near-term resistance. The RSI reading of 65.95 suggests the asset is approaching overbought territory but hasn’t crossed the critical 70 threshold yet. Trading volume remains robust at $687 million, supporting current price levels. Given the moderate volatility of 2.93%, I’d recommend caution on long positions here. Wait for a clear break above $243 with volume confirmation before entering new longs, or consider short-term profit-taking if price fails to hold above the 20-day SMA. Key support to watch is $235.

Key Metrics

Price 239.3200 USDT
24h Change -1.88%
24h Volume 687026097.09
RSI(14) 65.95
SMA20 / SMA50 238.59 / 243.22
Daily Volatility 2.93%

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

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