SOL’s price action tonight is worth watching. First, some news: Japan’s 30-year government bond yield has surged to 3.445%, which could signal tighter global liquidity. That’s not exactly bullish for high-risk assets like cryptocurrencies, though the impact will take time to filter through. In the short term, SOL’s performance will depend on its own technicals and capital flows.



Looking at the 1-hour candlestick chart, SOL is currently consolidating around 143.23 USDT and is clearly in an upward channel. The key level to watch is the 150 USDT resistance—if it can break through and hold, the next target is the previous high at 157 USDT. If it fails to break out, be cautious of a pullback to 144 USDT, or even a test of the support zone at 138 USDT.

On the technical side, the MACD’s white and yellow lines have formed a golden cross above the zero axis, which is a classic bullish signal. Trading volume is picking up as well, indicating strong buying interest. But don’t get too excited just yet—the order book shows thin support at the best bid, while the best ask is stacked, meaning buying and selling pressure are actually quite balanced.

Tonight’s outlook: SOL will most likely make an initial attempt at 150. If it breaks through, chase the momentum; if not, wait for a pullback near 144 before considering an entry. Remember, don’t chase at the highs—wait for a clear signal before taking action. The market moves fast, so keep a close eye on the price action.
SOL3.66%
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TokenUnlockervip
· 7h ago
Don’t go long, I’m still shorting.
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ser_ngmivip
· 7h ago
Bulls, don't get too excited, don't get too excited.
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OnChainSleuthvip
· 7h ago
The bullish guy is right.
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LightningClickervip
· 7h ago
The buying point is right here.
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AllInAlicevip
· 7h ago
Go long first and see what happens.
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GasFeeNightmarevip
· 7h ago
Support the upward move and it will succeed.
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