$SOL /USDT: The Bullish Climb Continues
Solana is showing significant strength as it pushes through local resistance levels. The market sentiment is leaning bullish as price action steadily climbs from recent lows.
Vital Statistics
* Current Price: 126.25 USDT, gaining +1.11%
* 24h High: 126.52 USDT
* 24h Low: 123.50 USDT
* Trading Volume: 304.10M USDT has flowed through the pair in the last 24 hours
Technical Landscape
The 4-hour chart demonstrates a strong recovery phase. After testing a floor at 119.24, SOL surged to a peak of 130.16 before entering a healthy consolidation. The SuperTrend (10,3) currently provides a green buy signal with support established at 121.87, keeping the upward momentum intact.
Performance metrics show a steady short-term recovery with a 1.39% gain today and 1.78% over the last 7 days. The order book is currently balanced but shows a slight edge for buyers at 52.57%, suggesting that the market is positioning for another attempt at the 130 USDT psychological barrier
