$SOL
Short Update on SOLUSDT (Binance Perpetual):
Your screenshot shows SOLUSDT perpetual at 83.09 USDT, up +2.08% (with Rs23,229.47, likely PKR equivalent), 24h high 83.50, low 79.57, and solid volume. EMAs are aligned bullishly (EMA7 > EMA25 > EMA99), price bouncing from the recent low around 79.57, with MACD positive (DIF 0.41, DEA 0.33, MACD 0.08) showing building momentum. RSI(6) at 70.66 is approaching overbought but still indicates strength on the short timeframe. Volume is picking up on the green candles.
Current Market Snapshot (as of latest data ~Feb 20, 2026):
Spot/futures SOLUSDT hovering around 81.90–83.30 USDT across sources (Binance perp ~82.00 recently, spot similar).
24h change mixed but generally positive ~+0.5% to +2% in recent ticks, recovering from lows near 79–80.
Overall, SOL has been in a consolidation/range after recent dips, with support tested around 79–80 and resistance near 83–85.
Quick Signal Idea (Short-term, for Binance Square style):
Bullish bias on the bounce: Price reclaiming above key EMAs + positive MACD crossover suggests continuation potential toward 85–86 if volume holds.
Long signal if holds above 82.50–83.00 (your current area), targets 85+ (next resistance), stop below 81.50 or recent swing low.
Watch for rejection at 83.50–84 (24h high zone) — if fails, could retest 80 support.
Caution: RSI nearing overbought on short TF, broader market choppy — not full conviction bull yet, but momentum favors longs over shorts right now.
Not financial advice — DYOR, manage risk, crypto is volatile! What's your take on this bounce? 🚀