SOL recent trading volume has shown unusual activity, with 30-minute trading volume skyrocketing by 73.7%, indicating a significant increase in market activity.
As of now, SOL is priced at 122.68 USDT, with a key support level at around 122.7, only 0.54% away from the current price. A broader support zone is between 122.45 and 123.55, which is close enough to serve as a potential area of interest for bulls.
From a technical perspective, a sharp increase in volume often signals market sentiment gathering momentum, and a move may be imminent. In this context, traders might consider placing buy orders near the 122.7 support level, but only if they closely monitor the subsequent price action.
Of course, volume anomalies are just a reference signal, and a true breakout requires confirmation from price levels. Keeping a close eye on SOL's performance during this period could present opportunities.
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StableGeniusDegen
· 6h ago
73.7% increase? That's quite intense. Is this the rhythm of takeoff?
It's time to watch the market again. SOL can't keep doing tricks.
Support levels are so close; is this the opportunity to go long? Or are we just taking on more positions?
Can we really trust such a large trading volume? It feels a bit fake.
Orders around 122.7? I'm still watching the show.
A breakout needs confirmation. Well said, don't let it be another false alarm.
Is this sudden movement real or just a manipulator playing tricks?
It seems like action is about to happen. Keep a close eye.
The abnormal trading volume is just the appetizer; the key is still the price action.
This pace doesn't look like the previous rebound; there’s definitely something going on.
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ZenZKPlayer
· 6h ago
73.7% trading volume surge? Is this real or is another dump coming?
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Support levels are so close, it feels like they’re digging a trap for the bears.
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There are many times when trading volume is deceptive; let’s wait and see what the price does.
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I find the 122.7 line a bit shaky, but it’s definitely worth paying attention to.
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Talking about "market sentiment gathering" again, I just want to know who’s dumping and who’s pulling.
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This rhythm feels like something’s about to happen, better to be cautious.
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Sudden spikes in volume usually mean the whales are testing the waters; I’ll just watch.
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GraphGuru
· 6h ago
Trading volume surges by 73%, this data is a bit scary, it feels like something big is brewing
122.7, this support level is really close, not sure if it can hold
It's that old saying again, trading volume doesn't equal direction, we still need to look at the price
Let's wait and see, don't rush to get in
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BearMarketGardener
· 6h ago
A 73.7% increase? Sounds tempting, but I'll wait and see for now to avoid getting cut again.
SOL recent trading volume has shown unusual activity, with 30-minute trading volume skyrocketing by 73.7%, indicating a significant increase in market activity.
As of now, SOL is priced at 122.68 USDT, with a key support level at around 122.7, only 0.54% away from the current price. A broader support zone is between 122.45 and 123.55, which is close enough to serve as a potential area of interest for bulls.
From a technical perspective, a sharp increase in volume often signals market sentiment gathering momentum, and a move may be imminent. In this context, traders might consider placing buy orders near the 122.7 support level, but only if they closely monitor the subsequent price action.
Of course, volume anomalies are just a reference signal, and a true breakout requires confirmation from price levels. Keeping a close eye on SOL's performance during this period could present opportunities.