#Trump’s Digital Asset Summit Speech#

#Weekend Market Analysis#
🔥 Analysis of SOL/USDT: Is Solana ready for a new surge? 🚀
Friends, today we have on the agenda one of the hottest assets in the crypto world — Solana (SOL)! Let's analyze what's happening with the token on the SOL/USDT (Perpetual Futures) chart with a 1D timeframe, and try to understand where this rocket might take us. 🌌
📊 What does the chart show?
On the chart, we see the price movement of SOL/USDT over the past few months. The current price is $132.47, which is +2.58% for the day, and this already signals the awakening of the bulls! 🐂 Let's dig deeper:
Key levels:
Maximum: $133.93 — the recent peak that SOL is trying to break.
Current level: $132.47 — the price is balancing around important resistance.
Moving averages (EMA):
EMA5 ($130.02), EMA10 ($130.18), EMA20 ($134.89), EMA60 ($160.68), EMA100 ($186.01), EMA200 ($295.78).
The short-term EMAs (5, 10) are below the price — this is a bullish signal indicating that the short-term trend is upward. However, the longer EMAs (60, 100, 200) are still above the current price, suggesting that more strength is needed for a global reversal of SOL.
Volumes:
24H Volume: 1.33M (176.74M in USDT). Volumes are increasing, which confirms interest in the asset. The buying wave at the level of $546.27K ( according to the Vol indicator) — this is a good sign for the bulls.
Indicators:
RSI (6, 12, 24): 54.40, 46.40, 42.99. The RSI is in the neutral zone but slightly above 50 on RSI(6), indicating a slight advantage for buyers.
Stoch RSI (14, 14, 3): K=0.84, D=0.81, MA=0.81. The indicator is in the overbought zone ( above 0.80), which may hint at a short-term correction if selling pressure increases.
🧠 Analysis: What's happening with SOL?
Solana is showing a confident recovery after dropping to $111.73 ( marked on the chart ). The price has broken through several key resistance levels, including $125.1, and is now testing the $132–$134 zone. This is a critical point: if SOL consolidates above $134.89 ( EMA20), then the path to $160 ( EMA60) may open up quite quickly. 🚀
However, there are nuances:
Resistance at $134–$135: If the price cannot break through this level, we may see a pullback to $111–$115, where strong support lies.
Long EMAs (100, 200): They are still far away, indicating that the global bearish trend has not been broken yet. For a reversal of SOL, more volume and confidence from the market is needed.
Stoch RSI: Overbought conditions may lead to a short-term correction. If you plan to enter a position, it's worth waiting for confirmation.
💡 Forecast and Strategy
Bullish scenario 🟢:
If SOL breaks through $134.89 and stays above, the next level is $148–$150, and then $160 (EMA60).
Volumes are increasing, which supports a bullish sentiment. There is potential for growth to $200+ in the medium term if the crypto market continues to rise.
Bearish scenario 🔴:
If the price does not hold above $130, a pullback to $111–$115 is possible. This is a strong support zone where purchases can be considered.
In case of a breakout at $111, the next support is at $93.32 — but this is already a deeper correction.
Recommendation:
Short-term traders: Wait for a breakout above $134.89 with confirmation of ( volume growth, closing the daily candle above ). A stop-loss can be set below $130.
Long-term investors: Solana remains one of the most promising projects in the blockchain ecosystem. Current levels ($130–$135) look attractive for accumulation, especially if you believe in market growth in 2025.
🌟 Why Solana?
Solana is not just a token; it is a whole ecosystem! High transaction speed, low fees, and active development of DeFi/NFT projects make SOL one of the market leaders. Despite past issues with the network, the team continues to work on improvements, and interest from institutional investors is growing. 💼
🎯 Result
SOL/USDT is at a crossroads: either a breakout at $134.89 and a new upward surge, or a short-term correction to $111–$115. Personally, I lean towards the bullish scenario, considering the increasing volumes and the overall positivity in the crypto market. But the market is always risky, so don't forget about risk management! ⚖️
What do you think? Are you ready for a flight on Solana or waiting for a correction? Share your thoughts in the comments! 🚀👇