🚨Is this the start of a new bull run for Solana?🚨
Today, $SOL / USDT is making waves with an impressive 11.11% price increase. The current price sits at $228.92, with a 24-hour high of $230.51 and a 24-hour low of $203.21. The trading volume is strong, with 5.40M SOL and 1.18B USDT traded in the last 24 hours.
Technical Analysis
* MA(7): 229.22
* MA(25): 227.11
* MA(99): 218.83
The 7-day and 25-day moving averages are above the 99-day moving average, indicating bullish momentum. The price is currently above the 7-day moving average, which suggests that the bullish trend may continue.
What to Watch For
* Breakout above the 24-hour high: This could signal a continuation of the bullish trend.
* Increased trading volume: Higher volume often accompanies price movements.
* News and developments: Any positive news or developments related to Solana could further drive the price up.
Disclaimer: This is not financial advice. Always do your own research before making any investment decisions.
What do you think about SOL's recent surge? Share your thoughts in the comments below!
