Abbasi 2333
--
Bullish
SOL/USDT $SOL
{spot}(SOLUSDT)
$SOL is currently trading around $144.23 with a -1% intraday decline, indicating mild bearish pressure.
Key Observations:
Price is below MA60, showing short-term downtrend continuation.
Repeated lower highs suggest weak buying momentum.
Volume is moderate, no strong breakout signals yet.
Support & Resistance:
Support: $143.0 – $142.5
Resistance: $145.5 – $148.0
Outlook: If SOL holds above $143, a technical bounce toward $146–148 is possible. However, a breakdown below $142 may open the door for further downside.
Conclusion: Market is in short-term consolidation with bearish bias. Traders should wait for confirmation before entering positions.SOL#solana #USDemocraticPartyBlueVault #BTCVSGOLD #Shibalnu
{spot}(SOLUSDT)
$SOL is currently trading around $144.23 with a -1% intraday decline, indicating mild bearish pressure.
Key Observations:
Price is below MA60, showing short-term downtrend continuation.
Repeated lower highs suggest weak buying momentum.
Volume is moderate, no strong breakout signals yet.
Support & Resistance:
Support: $143.0 – $142.5
Resistance: $145.5 – $148.0
Outlook: If SOL holds above $143, a technical bounce toward $146–148 is possible. However, a breakdown below $142 may open the door for further downside.
Conclusion: Market is in short-term consolidation with bearish bias. Traders should wait for confirmation before entering positions.SOL#solana #USDemocraticPartyBlueVault #BTCVSGOLD #Shibalnu
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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