$SOL (Solana) – Short Latest Analysis
Solana (SOL) is currently trading in a consolidation range after its recent move, suggesting the market is cooling before the next major decision. Price action remains above key moving averages, which keeps the short-term structure bullish as long as support holds.
Momentum indicators show neutral-to-slightly bullish strength, indicating buyers are still defending dips, though volume has eased. A clean break above the near resistance zone could open the door for a continuation toward higher levels, while failure to hold support may trigger a healthy pullback.
Outlook:
Bullish above support: Continuation possible
Below support: Short-term correction likely
Overall trend: Cautiously bullish
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