🔥 $SOL Market Update – March 29, 2025

📉 Current Price: $129.91 (-6.74%)

📉 24H High: $139.95

📉 24H Low: $129.03

📊 24H Volume (SOL): 3.75M

💰 24H Volume (USDT): 498.60M

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🔍 SOL Price Analysis & Key Levels

🔹 Support Levels: $129.00 | $125.00 🛡️

🔹 Resistance Levels: $135.00 | $140.00 🚧

Price Action:

SOL is down 6.74%, currently testing the $129.00 support level. If this level holds, we may see a bounce toward $135.00 - $140.00. However, if it breaks, further downside towards $125.00 could occur.

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🟢 Bullish Scenario ✅

✔️ If $129.00 holds, a recovery toward $135.00 - $140.00 is likely.

✔️ A breakout above $140.00 could push SOL towards $145.00 - $150.00.

🔴 Bearish Scenario ⚠️

❌ A break below $129.00 could push SOL toward $125.00 and lower.

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🎯 Trading Strategy:

🚀 Spot Trading (Short-Term Play)

🛒 Buy Zone: $129.00 - $129.50

🎯 Targets: $135.00 | $140.00

⛔ Stop Loss: $125.00

⚡ Futures Trading:

📈 Long Setup (If Support Holds at $129.00)

🔹 Entry: $130.00

🎯 Target Prices: $135.00 | $140.00

⛔ Stop Loss: $125.00

📉 Short Setup (If Breakdown Below $129.00)

🔹 Entry: $128.00

🎯 Target Prices: $125.00 | $120.00

⛔ Stop Loss: $132.00

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⚠️ Risk Management & Summary

✔️ SOL is currently testing $129.00 support – monitor for a potential reversal or further downside.

✔️ A bounce could target $135.00 - $140.00, while a breakdown could lead to $125.00.

✔️ Use stop-losses to manage risk effectively.

#solana #maketanalysis $SOL

SOLUSDT

Perp

126.55

-1.50%