π Solana Market Update
Current
$SOL Price: $176.20
Trend: Strong bullish momentum since mid-April
π 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.
π What to Expect:
The market is looking overheated short-term. Without a strong breakout, we might see a pullback toward $165β170, near the mid-Bollinger Band. Overall trend remains bullish.
π Stay tuned for updates! Correction, consolidation, or breakout β the market will soon decide.
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