πŸ” Solana Market Update


Current $SOL Price: $176.20

Trend: Strong bullish momentum since mid-April


πŸ“Š Key Indicators:

RSI: 72.8 β€” in overbought territory. A short-term pullback or sideways move is possible.

MACD: Still bullish, but lines are converging β€” momentum might be slowing.

Bollinger Bands: Price hugging the upper band β€” market is overheated, potential for a correction.


πŸ“Œ What to Expect:

The market is looking overheated short-term. Without a strong breakout, we might see a pullback toward $165–170, near the mid-Bollinger Band. Overall trend remains bullish.


πŸ” Stay tuned for updates! Correction, consolidation, or breakout β€” the market will soon decide.


#Solana #Altcoin Season#

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May 12, 2025 at 7:52 AM
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