🚀 Can Solana Reach a New All-Time High? 🚀

$SOL is on fire! 🔥 With a recent intra-month high of $245, just shy of its ATH, and a record-breaking market dominance of 3.83%, Solana is making waves. Its low fees & lightning-fast transactions are fueling growth, as the SOL/ETH ratio hits an ATH too!

📊 Technical Analysis:

🔹RSI (76): Bullish but overbought – consolidation likely.

🔹SMA/EMA: Upward trend – bullish sentiment continues.

🔹Bollinger Bands: Nearing upper limit – pullback risk increases.

💡 Risks: Previous outages highlight potential vulnerabilities during peak activity.

While Solana is poised for new highs, the volatile nature of crypto markets means a cautious approach is crucial. Can it maintain momentum and break its ATH?

#SOLMarketMove #SOLWatch