Based on the $SOL /USDT chart, here’s the current situation:
SOL has been on a bullish run, reaching a high of 157.50. It’s currently trading at 156.47 USDT, supported by the MA(7) at 155.37 and MA(25) at 154.97, signaling strong upward momentum in the short term.
Key Levels to Watch:
Resistance at 157.50 USDT – Breaking above this level could ignite another bullish rally.
Support around 154.38 USDT – As long as it stays above this, the trend remains upward.
The moving averages suggest bullish continuation, but a rejection from the current levels could see it pulling back to test the MA(25) or lower supports. Keep an eye on the resistance as a key trigger for further movement!