#SOLUSDT #SOLUSDT! $SOL

SOL
SOL
132.72
+0.68%

Reasonable price to enter a buy deal

Targets 137 to 140

Analysis of the trading pair SOL/USDT

Analysis of support and resistance levels

*Support levels:

* First strong support: 130.90 (tested and proven effective)

* Medium support: 132.00 (price accumulation area)

* Nearby support: 133.00 (psychological level)

*Resistance levels:

* Nearby resistance: 134.70 (previous correction area)

* Medium resistance: 136.25 (heavy trading area)

* Strong resistance: 137.00 (previous peak)

Overall technical assessment

*Volume and price coordination**: High trading volume appeared during the sharp decline, then volume decreased during the recovery period, indicating that the rebound may be supported by slight buying strength.

*Summary of technical signals**: The overall trend has become bullish after forming a bottom at 130.89, but the resistance level of 137.00 should be monitored as it may pose an obstacle to the continuation of the rise.

## Conclusion

The SOL/USDT pair shows a noticeable recovery after a sharp decline, forming a clear rebound pattern. Traders may consider buying opportunities at dips near support levels of 132.00-133.00, placing stop-loss orders below the level of 130.90.

It is important to monitor the resistance level of 137.00, as breaking it may signal a positive indication for the continuation of the bullish trend towards higher levels. However, caution is advised due to the recent decrease in trading volumes, which may indicate weakness in buyers' strength.

SOLV
SOLVUSDT
0.01604
-5.97%