$SOL /USDT Technical Analysis & Opportunities Ahead
SOL/USDT is currently trading at $174.84, up 3.92% in the past 24 hours. The 24-hour high is $176.34, with a low of $164.70. Key moving averages include MA(7) at $173.75, MA(25) at $172.07, and MA(99) at $167.57.
Opportunities Ahead
SOL is trading above its short-term moving averages, indicating a bullish trend. A breakout above the 24h high of $176.34 could push the price toward resistance at $177.01. However, if SOL retraces, the $164.70 (24h low) provides strong support, and a drop below this level may invite further selling pressure.
Staying above $173.75 (MA(7)) will be critical for maintaining bullish momentum. Traders should watch for moves beyond key levels for clearer market direction.
