Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Futures Kickoff
Get prepared for your futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to experience risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
SOL has recently shown strong performance. As of the latest quote, Solana has stabilized at $141.9, forming three consecutive bullish candles on the daily chart, with a single-day increase of 1.66%. In terms of trading volume, the 24-hour trading volume has surpassed 502 million USDT, indicating a significant increase in market participation.
From a technical perspective, further attention is warranted. The 7-day moving average has successfully crossed above the 25-day moving average, indicating that the short-term trend is indeed strengthening. The current price is above the medium- and short-term moving averages, which is a relatively favorable position. Regarding resistance, $144.3 is near the previous high point, and a volume breakout above this level could see SOL aiming for the psychological level of $150. Support below is around $138.5, where the 99-day moving average intersects with the previous platform zone.
However, it is important to note that although the short- and medium-term outlook is positive, Solana's recovery process is still ongoing on a longer cycle and has not fully reversed yet. It is recommended to closely monitor US stock movements and capital flow changes overnight. Avoid blindly chasing highs; a more prudent approach is to wait for a pullback and stabilization before considering new positions.