The current price of Solana (SOL) is$172.72. The BOLL support level is at $171.75, while the BOLL resistance level is at $175.76.
For short-term support, we can consider the BOLL support level at $171.75. If the price of SOL drops below this level, it may find additional support at lower levels.
As for the next possible move, we need to consider various technical indicators. The KDJ indicator is currently showing a bullish signal with a golden cross pattern. This pattern has occurred 12 times within the past 30 days, with an accuracy rate of 58.33%. Additionally, the MACD indicator is also bullish with a golden cross pattern, occurring 27 times with a signal accuracy of 37.04%.
Considering these indicators, there is a positive sentiment in the market for SOL in the short term. However, it's important to note that no analysis can predict future price movement with certainty. It's always recommended to conduct thorough research and consider multiple factors before making any investment decisions.
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