SOLUNA Listing on Bitrue Alpha: How to Trade This Solana Themed Token

SOLUNA is now officially listed on Bitrue Alpha, giving traders easier access to this Solana themed token. At the time of writing, SOLUNA is priced at $0.0009801, equivalent to 0.00001239 SOL. 

However, recent short term data shows that the token is trending lower. Before making any trading decision, it is important to understand the current condition, assess whether momentum is returning, and know how to trade it properly on Bitrue.

Key Takeaways

• SOLUNA is listed on Bitrue Alpha and currently trades at $0.0009801.
• The token is down 9.76% over 24 hours and 36.20% over 6 hours, showing short term weakness.
• It may be wiser to wait for renewed upward momentum before entering.

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SOLUNA Listing on Bitrue Alpha and Current Price Condition

The listing of SOLUNA (2qT8JVotQ2C1gKbqpuqNatkpSBWxiKHbXkCyTqH9pump) on Bitrue Alpha marks an important step in its development. 

Previously associated with activity through Solana based platforms, the token now benefits from centralized exchange visibility. This improves accessibility, especially for traders who prefer a structured trading environment.

At present, SOLUNA trades at $0.0009801. Liquidity stands at $100K, while both the fully diluted valuation and market capitalisation are approximately $993K. This places SOLUNA in the micro cap category, which typically means higher volatility and faster price movement in both directions.

Looking at recent performance, short term pressure is clearly visible. Over the past 5 minutes, the token is down 0.11%. Over 1 hour, it has declined 8.76%. Over 6 hours, the decline reaches 36.20%. Over 24 hours, SOLUNA price is down 9.76%. These figures indicate that sellers have been dominant in the short term.

Transaction activity remains high, with 56,049 total transactions. There have been 30,642 buy transactions compared to 25,407 sell transactions. Buy volume stands at $2.6M, while sell volume is $2.5M. 

Although buy activity slightly exceeds sell activity, price continues to trend downward. This suggests that selling pressure, even if smaller in count, has been strong enough to push price lower. 

Overall, the current condition shows activity but not strength. Momentum is weak, and price direction is negative.

Read also: Introduction to Bitrue Alpha - Completed Explanation

SOLUNA Price Analysis: Should You Wait or Buy Now?

When analysing SOLUNA’s current structure, the key factor is momentum. A 36.20% decline in 6 hours signals sharp short term weakness. While volatility can create opportunities, entering during a confirmed downward phase increases risk.

The 24 hour decline of 9.76% confirms that the token has not yet stabilised. There is no clear indication of sustained recovery at this stage. Although buy volume and sell volume appear balanced, price movement tells a different story. Downward pressure is still present.

In micro cap tokens such as SOLUNA, strong upward momentum is usually visible through rapid price recovery and consistent higher buying activity. That pattern is not currently evident. Instead, price remains under pressure.

Given this condition, the more cautious approach would be to wait. Waiting allows traders to observe whether a new upward phase begins. Signs of renewed strength would include stabilisation followed by consistent upward movement supported by stronger buy volume.

Buying while momentum is still negative exposes traders to the risk of further decline. Patience is often more effective than reacting immediately after a listing. A listing alone does not guarantee upward movement. Market structure and demand ultimately determine direction.

Therefore, based on the present data, waiting for clearer confirmation of momentum appears to be the more measured decision.

Read also: Is Bitrue Alpha Worth It? Give it A Try Now

How to Buy SOLUNA on Bitrue Alpha

Bitrue Alpha provides a straightforward way to trade newly listed tokens like SOLUNA within a secure centralised platform. It offers easier execution and clearer order management compared to decentralised exchanges.

Here is a simple step by step guide to buying SOLUNA on Bitrue Alpha:

1. Open the Bitrue app.
2. Register or log in to your account and complete verification if required.
3. Deposit USDT or another supported asset into your account.
4. Go to the Alpha section on the homepage.
5. Use the search bar to find SOLUNA.
6. Select the SOLUNA trading pair.
7. Choose between a market order for immediate execution or a limit order to set your preferred entry price.
8. Confirm the transaction and review your order in your wallet.

Trading on Bitrue Alpha allows you to manage risk more effectively with clear order visibility and account level security. As always, it is advisable to start with smaller amounts while monitoring market direction.

Read also: How to Use Bitrue Alpha: Your Guide on Getting In Early

Conclusion

SOLUNA’s listing on Bitrue Alpha improves accessibility and visibility for traders interested in this Solana themed token. 

However, current data shows that price is trending downward, with a 36.20% decline over 6 hours and 9.76% over 24 hours. This suggests that momentum has not yet shifted in favour of buyers.

Rather than entering immediately, waiting for clearer signs of recovery may be the more prudent approach. When momentum returns, Bitrue offers a structured and secure environment to trade SOLUNA efficiently and with better order control.

FAQ

What is the current price of SOLUNA?

SOLUNA is currently trading at $0.0009801 or 0.00001239 SOL at the time of writing.

Is SOLUNA trending up or down?

Based on recent data, SOLUNA is trending downward, with a 9.76% decline over 24 hours and a 36.20% decline over 6 hours.

Should I buy SOLUNA now?

Given the current downward momentum, waiting for clearer signs of recovery may be a more cautious strategy.

Where can I trade SOLUNA?

SOLUNA is available for trading on Bitrue Alpha.

Is Bitrue suitable for beginners?

Yes, Bitrue provides a structured and user friendly trading interface suitable for both new and experienced traders.

Disclaimer: The views expressed belong exclusively to the author and do not reflect the views of this platform. This platform and its affiliates disclaim any responsibility for the accuracy or suitability of the information provided. It is for informational purposes only and not intended as financial or investment advice.