Source of BOSS Wallet data, Solana market news today, SOL Solana latest price: $239.38, up 9.96% in 24 hours, transaction volume $7.438 billion
Based on the analysis of the K-line chart, the current trend is oscillating. It has risen significantly compared to 22:00, rebounded compared to 14:00, and broke through the high point of 20:00. When the price and trading volume rise synchronously, it usually means that the market has strong buying support.
Buyers are actively trading at higher price levels, showing optimistic market sentiment and strong bullish sentiment. In this case, prices are likely to continue to rise in the future as market momentum is strong and buying continues to increase.
Investors should pay close attention to the breakthrough of key resistance levels. If the price can continue to break through and stabilize at a higher level, it will indicate the continuation of the upward trend. Prices and trading volumes are rising simultaneously, and market sentiment is high. The Williams indicator shows that there is no overbought or oversold now.
Trading volume has increased recently, with more trading volume than in previous hours, and both price and volume rising at the same time: trading is active and the upward momentum is strong.
The upward trend may continue and you may consider adding to your position, but be mindful of market volatility and watch out for breakthroughs at key resistance levels.
The above content is for reference only and does not constitute investment advice.