$SOL L/USDT Trading at 130.63 - Key Levels to Watch
Momentum is cooling on SOL as it trades at 130.63, down 0.18%. The 24-hour range shows a tight battle between bulls and bears, with a high of 135.43 and a low of 127.98.
Technical indicators are hinting at a potential slowdown. The MACD is negative at -0.14, with DIF (0.03) below the DEA (0.18), suggesting bearish momentum in the short term.
Volume is telling: a strong 186,330.784 in recent activity, significantly above the MA(5) and MA(10). This surge in trade, with 2.39M SOL and 314.92M USDT moved in 24 hours, indicates high interest at this key level.
The immediate support sits near 129.30, with resistance layered up to 135.73. A break below support could see a test of the 24h low, while overcoming the 131.87-133.16 zone is critical for the bulls.
All eyes on whether this volume surge leads to a reversal or a continuation. The battle lines are drawn.
