Hello Guys,
$SOL is trading around ~$123–$124, slightly down on the day with modest volatility between the intraday high near $129 and low near $122.
Price Context
• Current SOL Price: Around $123–$125 USD, modestly negative over the past 24 hrs.
• 24 hr Change: Slight decline, signalling short-term selling pressure.
• Volume: Relatively elevated, showing active trading.
Candlestick & Technical Signals
For real-time candlestick visuals and patterns you can check live charts (e.g., Binance/TradingView), but here’s the current technical feel:
Bearish / Consolidation Tilt
• Moving averages (5-day through 50-day) are currently above price, indicating near-term resistance and a bearish bias.
• RSI around neutral-to-slightly oversold territory, not yet in deep oversold but not bullish either.
• MACD below zero suggests momentum still tilted downward
• Key Levels to Watch
• Support: ~$120 area — recent floor where buyers tend to step in.
Resistance: ~$128–$130 — level where sellers capped the price so far.
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