SOL is currently oversold with a low RSI, suggesting potential for a rebound. Recent price action shows volatility with clear support and resistance levels.
Current Market Overview
SOL is trading at $184.15, down 0.49% in 24 hours. The RSI at 25 indicates oversold conditions, which often precedes price bounces.
Support and Resistance Levels
Key support (buy zone) is around $183.75-$184.17 based on recent lows. Resistance (sell zone) is near $190.74-$193.94 from recent highs.
Trading Strategy
Consider buying near support levels for potential short-term gains. Set realistic profit targets at resistance levels to manage risk.
Risk Management
Always use stop-loss orders below support levels. Never invest more than you can afford to lose in volatile crypto markets.
Beginner Recommendations
Advice: buy
Buy Price: 183.75 USDT
Sell Price: 190.74 USDT
Key metrics
| Price | 184.1500 USDT |
| 24h Change | 0.49% |
| RSI(14) | 25.04 |
| SMA20 / SMA50 | 188.88 / 188.92 |
| Daily Volatility | 4.60% |
| 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.
