Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

$SOL /USDT ‌


Current Price: $153.04 (-3.79% in 24h)
24h Range: $151.61 – $161.55
24h Volume: 476.37K SOL (~$74.7M)

Market Overview

After a sharp rejection from $158.6, Solana has entered a clear short-term bearish structure on the 15-minute and 1-hour charts. Multiple lower highs and long red candles confirm selling pressure. The 24-hour decline near -4% also aligns with weak volume recovery attempts.

Momentum is shifting downward, and unless bulls reclaim $156–158 with conviction, another test of the $150 support zone seems likely.

Trade Setup

Zone Levels (USDT)

Entry Zone $152.5 – $153.5
Target 1 🎯 $150.8
Target 2 🎯 $148.5
Target 3 🎯 $145.0
Stop Loss $156.2

Technical Outlook

Trend: Bearish below $156

Support: $151.6 / $150

Resistance: $156 / $158.6

Indicators:

MACD showing bearish crossover on lower timeframes

Volume declining on green candles — weak recovery momentum

RSI hovering near oversold but not yet signaling reversal

#LaunchTokensOnSquareToGrab$1,000 #CryptoMarketPullback #HKLaunchesFirstTokenizedFund #DecemberRateCutForecast #CryptoMarketWatch
SOL4.83%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)