Solana (SOL) Look at US$ 400
Over the past six months, Solana (SOL) has gained 62.92%. In contrast, the last month has seen a drop of 8.33%, showing some volatility. This past week has seen a modest gain of 1.81%. The current price ranges between $205.85 and $239.87, approaching key support and resistance levels.
The closest support level is $187.60. If the price breaks below this, it could drop to the second support at $153.58, a drop of about 25%. On the other hand, the closest resistance is at $255.64. Breaking this level could send the price to $289.66, approximately 21% higher than the current level.
Technical indicators are mixed. The 10-day and 100-day Simple Moving Averages are close together at $216.40 and $219.50. The RSI is at 47.04, indicating neutral conditions. The MACD is at -1.256 and the Stochastic is at 31.02, suggesting mild bearish momentum. Based on this data, Solana could experience mild bearish pressure but could find support and potentially bounce back.#TopCoinsSeptember