$SOL ANALYSIS
Solana (SOL) is showing signs of life, up 1.98% in the last 24 hours to $144.24. Its historical performance suggests a relatively stable coin, closing above its opening price on 49.67% of days. However, it's still got a long way to go to reach its all-time high of $252.12, which was achieved about 2 years and 8 months ago.
I'm thinking that if SOL can maintain its upward momentum and break through key resistance levels, it could be a sign of a trend reversal. This could potentially lead to a rally towards its previous high. However, if it fails to surpass these levels, it might continue to consolidate or even drop further.
Overall, I'm cautiously optimistic about Solana's prospects, but I'm keeping a close eye on market trends and sentiment to see how it plays out.
