Recently, SOL's performance has been quite interesting. The 30-minute trading volume suddenly surged, with a rise of 9.4%. Such abnormal trading volume is often not without reason.



From the current market situation, SOL is now priced at 146.52 USDT, which is a relatively critical level. Looking downward, the 143.86 level is a clear support, with the entire support zone between 143.3 and 143.86. If you are thinking of going long, this area is indeed a good entry point.

From a technical perspective, a sharp increase in trading volume usually indicates that a significant move may be coming soon. Once the support is stabilized, the resistance level above is around 148.8. In this way, the risk-reward ratio is quite clear.

The key is not to rush; closely monitor the movement of trading volume and price, and wait for confirmation signals before taking action. How SOL will move next depends on the trading volume, which will provide the answer.
SOL0,76%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 8
  • Repost
  • Share
Comment
0/400
MEVHuntervip
· 01-17 16:06
I have to say something about the increasing trading volume. The actions of those big players in the mempool have been under my close surveillance for a long time. This wave is really not just about technical analysis.
View OriginalReply0
ZKProofEnthusiastvip
· 01-16 01:56
A sudden surge in trading volume is often a sign that the big players are testing the waters. The 143.86 level is indeed worth paying attention to; it all depends on whether it can hold.
View OriginalReply0
SchroedingerGasvip
· 01-15 18:35
Trading volume suddenly surged. I've seen this trick many times. A 9.4% increase isn't a big deal; the key is whether it can hold above 143.86...
View OriginalReply0
BlindBoxVictimvip
· 01-14 20:53
Another surge in trading volume, I've seen this trick too many times, and in the end, it's just a scam.
View OriginalReply0
DegenWhisperervip
· 01-14 20:52
This wave of volume on SOL is indeed quite strong, it feels like some big players are active. However, whether the 143 level can hold is the key; otherwise, it might just be a false alarm.
View OriginalReply0
SmartContractWorkervip
· 01-14 20:51
The recent volume fluctuation does have some significance, but to be honest, this is the easiest time to get caught in a trap. In my opinion, we should wait for confirmation signals and not be blinded by the 9.4% increase. Whether the 143 support level can hold is the key; otherwise, all of this is just talk.
View OriginalReply0
ImpermanentSagevip
· 01-14 20:38
The trading volume is so fierce, it looks like something is really going to happen.
View OriginalReply0
SeasonedInvestorvip
· 01-14 20:26
The recent volume movement indeed looks quite unusual. Don't just focus on the 9.4% increase; what's more important is that strange atmosphere, it feels like big funds are secretly positioning themselves. I'm waiting for the 143.86 support level. If it really holds steady, then 148.8 will need to be seriously considered. But to be honest, the biggest test of resolve is during these times. Volume traders are holding their positions, afraid of missing out on the next wave. However, the more anxious they are, the easier it is to miss the opportunity. It's better to wait for that confirmation signal.
View OriginalReply0
  • Pin