Solana (SOL/USDT) Analysis:

Solana (SOL/USDT) Analysis:

📊 Current Price: $140.87 (Down -12.13% in 24h)

🔍 Technical Analysis:
1. Short-Term Trend:
- Significant price correction
- Bearish short-term momentum
- Testing critical support levels

2. Key Levels:
- Support: $136.82
- Resistance: $161.61
- 24h Range: Low $136.82 - High $161.61
- All-Time High: $294.33

3. Market Indicators:
- Market Cap: 69.77B
- 24h Trading Volume: 8.63B
- Circulating Supply: 495.29M
- 1h Price Change: +2.61%
- 7d Price Change: -18.66%

🎯 Trading Recommendations:
- Strategy: Defensive, Wait-and-Watch
- Potential Entry: $138 - $142
- Stop Loss: $135
- Take Profit: $155

⚠️ Risk Management:
- Reduce exposure during high volatility
- Monitor memecoin ecosystem
- Watch for trend reversal signals

🔮 Market Outlook:
- Short-term bearish sentiment
- Potential consolidation phase
- Strong blockchain fundamentals

💡 Key Factors:
- Recent price correction
- Memecoin ecosystem activity
- Network performance and scalability