$SOL

SOL has been consolidating just below the 200‑day SMA since the last pullback, but the recent uptick in on‑chain activity and a surge in DeFi TVL on Solana suggest buying pressure may be returning. Volume is now 2.3× its 7‑day average, and the RSI is creeping up from 38 toward 45, indicating the coin is edging out of oversold territory. If the price can break above $22.50, we could see a short‑term swing toward the $25 resistance zone, which aligns with the bullish Fibonacci extension from the March low. Keep an eye on the next 4‑hour candle; a close above $22.30 could trigger a cascade of long entries. Could the next wave push SOL into a fresh bullish leg before the weekend slowdown?

#Solana #CryptoTrading #SOLSignal