🔥 SOL Market Signal Update
Solana(SOL) is currently trading around $130.87, showing mild weakness with a daily decline of -1.69%. After reaching a high near $133.59, the price has been moving sideways, indicating reduced momentum and uncertainty in the market.
The chart shows lower highs and declining volume, suggesting that buying pressure is weakening. However, SOL is still holding above the MA60 (130.51), which remains an important short-term support level. As long as the price stays above $130, the market could see a potential bounce.
A breakout above $132–134 may signal a bullish move, while a drop below $130 could open the door to further downside toward the $127 support zone. For now, SOL remains in consolidation with no clear trend direction.
