๐ Solana Market Update
Current
$SOL Price: $176.20
Trend: Strong bullish momentum since mid-April
๐ Key Indicators:
RSI: 72.8 โ in overbought territory. A short-term pullback or sideways move is possible.
MACD: Still bullish, but lines are converging โ momentum might be slowing.
Bollinger Bands: Price hugging the upper band โ market is overheated, potential for a correction.
๐ What to Expect:
The market is looking overheated short-term. Without a strong breakout, we might see a pullback toward $165โ170, near the mid-Bollinger Band. Overall trend remains bullish.
๐ Stay tuned for updates! Correction, consolidation, or breakout โ the market will soon decide.
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