$SOL is pushing back up. what the chart is showing:
Buyers are stepping in: The price just climbed to $86.58, breaking past the middle line and is now knocking on the door of the top band.
Momentum is shifting: The short-term momentum indicator (RSI) is sitting at 63 and climbing fast, showing that buyers are taking control right now. The StochRSI is also pushing up hard and crossing the 76 mark.
Volume is waking up: We are seeing a cluster of green buy volume pushing the price higher over the last few hours.
The Play: We are seeing a solid short-term bounce off the recent lows. If $SOL can break and hold above $86.80 (the top band), it has room to run higher.
But keep your eyes open—those momentum indicators are getting close to the top, meaning it might run out of gas soon. If you caught the bottom, don't get greedy. Watch that top band closely, and get ready to protect your profits if the price stalls out.
