Solana (SOL) has experienced a 9% surge in price over the past week, surpassing a $100 billion market cap to reach $103 billion. Despite this growth, trading volume has dropped by 34% in the last 24 hours to $2.4 billion. Positive signals like the Chaikin Money Flow (CMF) and a recent golden cross support a bullish trend. The key factor for SOL's future trajectory is its ability to maintain the crucial $211 support level. The CMF for SOL currently stands at 0.23, indicating positive capital inflows. While the Average Directional Index (ADX) shows a strong uptrend, a slight decrease in buying pressure suggests a potential consolidation phase. The EMA lines remain bullish, with a golden cross reinforcing optimism for further gains. Maintaining the $211 support could lead SOL to challenge resistance at $221 and potentially reach $229 or even $246. However, failure to hold above $203 may trigger a downtrend towards $185. Read more AI-generated news on: https://app.chaingpt.org/news