đ Will Solana Continue Its Upward Trend? đ
In the last 24 hours, $SOL price increased by 7.2%, while the past week saw a 10.3% jump, suggesting strong short-term momentum.
đĄ Technical Analysis:
đŁRSI: Climbed from 44 to 60 đ, indicating a shift from oversold to neutral/overbought territory.
đŁBollinger Bands: Range between $123-$144, signaling moderate volatility.
đŁMACD: Still slightly bearish at -1.0, though itâs improving.
đŁVolume: A 62.3% increase over the week, but short-term fluctuations show potential instability.
đ Conclusion: The overall trend for $SOL looks bullish, with growing investor confidence. Keep an eye on volume volatility and indicators like the AO for potential short-term risks.
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