$SOL Based on the 30-minute SOL/USDT chart, the current price is 87.25, trading between the EMA44 (88.13) acting as resistance and the SMA100 (86.72) serving as support. The price recently tested a high of 87.32 and low of 86.93, indicating a narrow consolidation range. The EMA44 is above price, suggesting short-term bearish pressure, while the SMA100 below provides a potential floor. A breakout above the EMA44 could signal bullish momentum, while a breakdown below the SMA100 might lead to further downside. The chart shows recent sideways movement, with key levels at 88.00 and 86.00. Traders should watch for a decisive move beyond these moving averages for clearer direction.
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$SOL Based on the 30-minute SOL/USDT chart, the current price is 87.25, trading between the EMA44 (88.13) acting as resistance and the SMA100 (86.72) serving as support. The price recently tested a high of 87.32 and low of 86.93, indicating a narrow consolidation range. The EMA44 is above price, suggesting short-term bearish pressure, while the SMA100 below provides a potential floor. A breakout above the EMA44 could signal bullish momentum, while a breakdown below the SMA100 might lead to further downside. The chart shows recent sideways movement, with key levels at 88.00 and 86.00. Traders should watch for a decisive move beyond these moving averages for clearer direction.