$SOL Bulls Testing Resistance
Solana (SOL) is currently trading at $241.07, reflecting a +2.52% gain in the last 24 hours. The price briefly reached a high of $246.77 before pulling back to test the support near the 25 MA ($240.28). The 7 MA ($242.45) serves as immediate resistance, while the 99 MA ($236.68) underpins the broader bullish trend.
With trading volume showing strength, a break above $246.77 could signal a continuation towards higher resistance zones. However, failure to maintain support at the 25 MA could result in a retest of $236.68. Keep an eye on market sentiment and volume spikes for confirmation of the next move.