Solana ($SOL ) is currently trading at $132.40, showing a slight pullback of -0.22% in the last 24 hours. The price is hovering right at the MA60 level of $132.43, indicating a critical short-term juncture.
Key Technical Observations:
Price Action: The price is testing the MA60 (white line). Sustained movement above this level is key for a bullish continuation.
MACD: The MACD is slightly bearish (MACD -0.01), with the DIF (-0.03) below the DEA (-0.02), suggesting weak negative momentum in the short term.
Volume: Volume bars (MA(5) 869.258, MA(10) 979.960) show no significant spike, suggesting cautious trading.
📌 Levels to Watch:
Immediate Resistance: Sustaining a close above the MA60 ($132.43).
Immediate Support: The 24h Low is $127.98.
SOL
121.97
-2.61%