- Pin
- โฐ Just a Few Days Left!
๐ฅ The 12th Anniversary Celebration is Ending Soon โ Donโt Miss Your Chance to Claim Rewards
๐ Limited-Time Revelry #5 is Live
๐ Log in & play to win iPhone 16 Pro, MacBook Air and more: https://www.gate.com/activities/12th-anniversary
๐ Draw for merch & send greetings on the Greeting Wall to win exclusive merch prizes
More Details: https://www.gate.com/announcements/article/44624
#Gate12Years#
- ๐ฅ Gate Post Ambassador Exclusive Posting Reward Task Round 2 Is On! ๐ Round 1 winners will be announced on May 26!
Sign up now ๐ https://www.gate.com/questionnaire/6722
Registration Period ๐ May 23, 03:00 AM โ May 26, 04:00 PM UTC
โ๏ธ Post daily from May 26 to June 1 and share a $300 prize pool based on your post quality!
๐ Reward Details:
S-Level Weekly Ranking Reward
Post every day for 7 days with an overall quality score above 90 to qualify for S-Level.
2 outstanding ambassadors will each receive a $50 trading fee rebate voucher.
A/B-Level Tiered Rewards
Based on the number of posts and
- ๐ #Gate Post# Hits 50,000 Followers!
โจ To celebrate this amazing milestone, we're giving back to our incredible community!
๐ 4 Lucky Winners Will Each Receive $10 Points!
Join:
1๏ธโฃ Follow Gate_Post
2๏ธโฃ Like this post
3๏ธโฃ Drop your congratulations in the comments!
End at 18:00, May 25 (UTC)
- ๐ฅ Gate Post Ambassador Exclusive Posting Reward Task Is On!
๐ Post daily from May 19 to May 25 and share a $300 prize pool based on your post quality!
Join now: https://www.gate.io/questionnaire/6679
Registration deadline: May 20 10:00 UTC
๐ Reward Details:
S-Level Weekly Ranking Reward
Post every day for 7 days with an overall quality score above 90 to qualify for S-Level.
2 outstanding ambassadors will each receive a $50 trading fee rebate voucher.
A/B-Level Tiered Rewards
Based on the number of posts and their quality, ambassadors will be ranked and rewarded accordingly:
A-Level:
Post on
# SOL Breaks $170#
๐ SOL broke above $170!
Solana (SOL) is showing a confident growth, reaching $170.01 with an increase of 0.9% in the last 24 hours. The current price on the chart is $166.30, indicating a slight correction after a peak of $177.76. The trading volume is impressive โ 458.28K๐ฅ
What's next? After breaking the $170 level, SOL could target the next resistance around $180 if it maintains the current momentum. However, RSI(6) at 34.85 and RSI(12) at 46.02 indicate a neutral zone, with no clear overbought conditions, which leaves room for growth. What are your forecasts and strategies? Share in the comments! ๐
Analysis of the SOL/USDT chart ( 1-hour timeframe )
Price and movement:
Current price: $166.30 (+2.66%).
Maximum in 24 hours: $177.76, minimum: $160.17.
SOL recently broke the $170 level but has pulled back below, which may indicate a temporary correction.
Moving averages (EMA):
EMA5: 167.01, EMA10: 167.39, EMA20: 167.15, EMA60: 167.33.
The price is below all EMAs, indicating short-term bearish pressure. However, the proximity of the price to the EMAs may signal a possible reversal if SOL returns above these levels.
Volumes (VOL):
Trading volume: 1.26K on the last candle, which is below the peak values of ( up to 2.02K ).
A decrease in volume during a pullback may indicate weakening sellers, which is favorable for bulls when growth resumes.
Indicators:
KDJ: K: 31.51, D: 11.48 โ K crossed D from below, which may be a buy signal.
RSI: RSI(6) โ 34.85, RSI(12) โ 46.02, RSI(24) โ 48.29. Indicators are in the neutral zone, without overbought or oversold conditions.
StochRSI: 14.31 (oversold), which may signal a reversal upward.
Support and resistance levels:
Support: $159.43 ( nearest minimum ).
Resistance: $177.76 (recent high).
Output:
SOL shows potential for further growth if it holds support at $159.43 and returns above the EMA. The indicators (StochRSI and KDJ) hint at a possible upward reversal. However, it's important to keep an eye on the volumes and news background, as the cryptocurrency market is volatile.