SOL Analysis
| Overall Performance | |||||
| 24-hr | 7-Day | 30-Day | 1-Year | Mkt Cap. | 24-hr Vol. |
| -4.59% | -6.38% | 43.14% | 266.02% | 107.89 bn | 8.70 bn |
Solana (SOLUSDT) price over 7 days dropped -6.38% to 225.58 . For the record, SOLUSDT is -14.68% below all-time high of 264.39.
Over the last 30 days, SOL is up by 43.14% while 12-month period is up by 266.02%.
For the week, our technical outlook looks uncertain as Solana is not performing well over the last 7 days.
What can we expect from Solana today?
At time of writing, Solana has decreased by -4.59% over the past 24 hours. Our daily analysis is that there could be selling pressure.
Looking ahead for the day, immediate support level is at 219.83 (S1) with break below could see further selling pressure towards 214.09 (S2). As the current momentum is stalling, we prefer to look at firm break of the recent daily high of 241.00 as a possible indicator of buying interest. Break above could target 246.75. Rejection from the resistance level could suggest price consolidation.
Key levels to watch out:
| R3 | 252.49 |
| R2 | 246.75 |
| R1 | 236.16 |
| Daily Pivot | 230.42 |
| S1 | 219.83 |
| S2 | 214.09 |
| S3 | 203.50 |