Recently, SOL's performance has indeed attracted a lot of attention. On the 30-minute timeframe, trading volume suddenly surged by 160.1%. Such abnormal volume movements are usually not without reason and may indicate that the upcoming market trend is about to start.
Currently, SOL's trading price hovers around 127.0 USDT. From a technical perspective, the key support level is at 124.24, only 1.41% below the current price. The support zone is between 122.5 and 124.24. This position is indeed worth paying attention to.
If you have a trading plan, you might consider placing a buy order around 124.24. The sharp increase in volume often signals an upcoming trend—either the main players are accumulating or market sentiment is gathering. Regardless of the situation, the subsequent price movement is worth close monitoring. The key is to identify that critical point; SOL has recently been at such a crucial position.
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.
8 Likes
Reward
8
5
Repost
Share
Comment
0/400
GweiTooHigh
· 8h ago
A 160% surge in trading volume! Is this not a false alarm this time? Is SOL about to take off?
---
The 124.24 level is indeed tight. Should I take a gamble...
---
Is the main force accumulating or retail investors bottom-fishing? Anyway, I’m just laying low for now.
---
With such a spike in trading volume, it feels like a buildup. Looking forward to what’s next.
---
Here we go again. Every time the volume says it’s about to launch, SOL, don’t tease me.
---
The 127 key level is wavering. It really tests patience.
View OriginalReply0
DustCollector
· 8h ago
The surge in trading volume... be careful, whether the main players are accumulating or retail investors are taking the bait, who can really say for sure?
Whether SOL can break new highs this time depends on what happens next. If the 124 support can't hold, that will be a problem.
After being in the crypto space for so long, I increasingly feel that technical analysis is just a reference; the key still depends on Bitcoin's overall trend.
The 127 level feels a bit weak, and I don't have a strong desire to enter the market. Let's wait and see.
A 160% increase in trading volume... either it's a rally or it's a distribution. There's no other possibility in between.
View OriginalReply0
OnChain_Detective
· 8h ago
hold up... 160% volume spike on sol? that's not random. pattern analysis suggests either major accumulation or coordinated pump setup. flagged this activity immediately - need to verify wallet clustering before touching anything. not financial advice but always dyor first.
Reply0
TopBuyerBottomSeller
· 8h ago
160% increase in trading volume? The main force is a bit rushed this time. Is it accumulation or distribution? Let's watch a bit more.
View OriginalReply0
MoonBoi42
· 8h ago
The 160% volume has increased. This time is really different; we need to keep an eye on the 124.24 level.
Recently, SOL's performance has indeed attracted a lot of attention. On the 30-minute timeframe, trading volume suddenly surged by 160.1%. Such abnormal volume movements are usually not without reason and may indicate that the upcoming market trend is about to start.
Currently, SOL's trading price hovers around 127.0 USDT. From a technical perspective, the key support level is at 124.24, only 1.41% below the current price. The support zone is between 122.5 and 124.24. This position is indeed worth paying attention to.
If you have a trading plan, you might consider placing a buy order around 124.24. The sharp increase in volume often signals an upcoming trend—either the main players are accumulating or market sentiment is gathering. Regardless of the situation, the subsequent price movement is worth close monitoring. The key is to identify that critical point; SOL has recently been at such a crucial position.